Iconic Restaurant including Extensive Real Estate

Not Disclosed, MO
St. Louis County

Metro St. Louis


Asking Price: Annual Revenue:
$2,350,000 $4,053,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Restaurant including Extensive Real Estate Broker: Jeff Bach

Quick Facts

Asking Price: $2,350,000
Annual Revenue: $4,053,000
Net Profit: Not Disclosed
Cash Flow: $403,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $1,500,000
Year Established: 1962
Employees: 40
BBN Listing #: 420659761
Broker Reference #: 1056JB

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Business Overview:

You can own a HISTORIC, AWARD-WINNING restaurant! Very Highly Profitable! Experience required as this is a very busy place. If you don’t know the name, you haven’t lived in St. Louis for very long.

While business was down somewhat in 2020, the business still made money and rebounded well. 2021 may end up as strong as pre covid numbers. For the right qualified buyer, there is possibility of bank financing.

Real Estate is very updated and needs nothing. It even includes some additional rental income. Also, very ample parking for the large number of guests.

Call to see if this one is for you. Jeff Bach listing ID#1056JB

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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