Restaurant and Bar - Increasing Profits (ID: 1105603)

FINANCIAL DETAILS
Asking Price: $167,000
Gross Revenue: $500,284
Cash Flow: $75,372
Inventory: $6,000 **
Real Estate: n/a **
FF&E: $90,000 ++
Business Listed by LISTING BROKERAmerican Business Brokers
Contact Broker:Terry MonroeAmerican Business BrokersView All of My Listings
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Restaurant and Bar - Increasing Profits
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Business Description

This restaurant and is just minutes from downtown St. Louis in a very safe and unique area. Updated interior. Fed-Ex distribution facility bringing hundreds of 24-hour workers in site of restaurant. Construction underway. Increasing profits are a sure thing. Location has served as restaurant for nearly 30 years. Low, low lease. Only $1,000 per month with 2 years left on agreement. Landlord willing to renegotiate or extend to keep tenant. Sale includes all furniture, fixtures and equipment. Absentee owner. A hands-on owner/manager could easily increase sales and manage expenses!! Illinois gaming license in place to bring more customers and add more revenue! Seller wants an offer. Call me today.

About the Business

Year Established: 1982
Number of Employees: 14

About the Sale

Reason For Selling: Other business.

Training/Support: 2 weeks training.

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