Consistently Busy Large Restaurant RE included

Not Disclosed, IL

Metro St. Louis


Asking Price: Annual Revenue:
$2,199,000 $3,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Consistently Busy Large Restaurant RE included Broker: Jeff Bach

Quick Facts

Asking Price: $2,199,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1937
Employees: 60
BBN Listing #: 614759761
Broker Reference #: 1039JB

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Business Overview:

This is a large restaurant operation with average sales near $3,000,000 annually. Only dropping slightly in 2020 but coming back strong! Some incredibly competitive advantages are as follows:

• Unique concept in its geography.
• Large dining area
• Banquet area
• More than ample parking
• AMAZING Kitchen

All equipment, name, menu, real estate, and processes is included. Owner is retiring but will assist in training and transition after the sale.
For information about listing ID#1039JB contact Jeff Bach.

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Property Features and Assets:

12,000 square feet building. 3,000 square feet storage building on property. Very large paved lot. Seating for over 300 for dine in. Plus banquet area plus bar area. Very nice electronic sign.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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