Turnkey restaurant $300,000 for FF&E; must sign existing lease
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TURNKEY RESTAURANT ASSET SALE - PRIME GROVE AREA LOCATION
This exceptional asset sale opportunity features a fully equipped, turnkey restaurant in St. Louis's highly desirable Grove Area. Originally established in 2018 with over $900,000 invested in professional buildout by union contractors, this property offers immediate operational capability for the right restaurateur.
PROPERTY HIGHLIGHTS:
• 3,900 square feet of interior space plus outdoor patio
• 150-person indoor capacity, 40-person patio capacity
• High visibility location with excellent foot traffic
• Professional-grade kitchen infrastructure
KITCHEN EQUIPMENT & FEATURES:
• Two commercial walk-in coolers (6'7" x 8'10")
• Dual exhaust hood system (11' and 12' hoods)
• Complete commercial kitchen setup ready for immediate use
• Ice maker and dishwasher available via lease transfer
FINANCIAL STRUCTURE:
• Asset sale includes all furniture, fixtures, and equipment (FF&E)
• Asking price: $300,000 for FF&E package
• Buyer must assume existing lease agreement
• Significant value considering original $900,000+ buildout investment
LOCATION ADVANTAGES:
• Situated in the trendy Grove Area, known for dining and entertainment
• High visibility storefront ensuring strong customer exposure
• Established neighborhood with consistent foot traffic
• Proven restaurant district with supportive customer demographics
This turnkey opportunity eliminates the typical startup costs and lengthy permitting process associated with new restaurant development. The seller is focusing efforts on other locations, creating an immediate opportunity for an experienced operator to acquire a fully equipped restaurant space at a fraction of original investment cost.
Ideal for restaurateurs seeking to enter or expand in the St. Louis market with minimal startup time and established infrastructure. The comprehensive FF&E package and prime Grove Area location position this asset for immediate operational success.
This exceptional asset sale opportunity features a fully equipped, turnkey restaurant in St. Louis's highly desirable Grove Area. Originally established in 2018 with over $900,000 invested in professional buildout by union contractors, this property offers immediate operational capability for the right restaurateur.
PROPERTY HIGHLIGHTS:
• 3,900 square feet of interior space plus outdoor patio
• 150-person indoor capacity, 40-person patio capacity
• High visibility location with excellent foot traffic
• Professional-grade kitchen infrastructure
KITCHEN EQUIPMENT & FEATURES:
• Two commercial walk-in coolers (6'7" x 8'10")
• Dual exhaust hood system (11' and 12' hoods)
• Complete commercial kitchen setup ready for immediate use
• Ice maker and dishwasher available via lease transfer
FINANCIAL STRUCTURE:
• Asset sale includes all furniture, fixtures, and equipment (FF&E)
• Asking price: $300,000 for FF&E package
• Buyer must assume existing lease agreement
• Significant value considering original $900,000+ buildout investment
LOCATION ADVANTAGES:
• Situated in the trendy Grove Area, known for dining and entertainment
• High visibility storefront ensuring strong customer exposure
• Established neighborhood with consistent foot traffic
• Proven restaurant district with supportive customer demographics
This turnkey opportunity eliminates the typical startup costs and lengthy permitting process associated with new restaurant development. The seller is focusing efforts on other locations, creating an immediate opportunity for an experienced operator to acquire a fully equipped restaurant space at a fraction of original investment cost.
Ideal for restaurateurs seeking to enter or expand in the St. Louis market with minimal startup time and established infrastructure. The comprehensive FF&E package and prime Grove Area location position this asset for immediate operational success.
Detailed Information
- Years in Operation
- 8
- Facilities & Assets
- 2 beverage coolers behind bar
2 walk-in coolers - Bally (6'7" x 8'10")
2 hoods - 11' & 12'
Ice maker and dishwasher are leased
Cold tables with coolers
3 wok stations
Deep fryer
bar tables & chairs
tables & chairs
About the Sale
- Seller Motivation
- Focusing on other locations
Listing Info
- ID
- 2468360
- Listing Views
- 2
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2468360 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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