Very Busy Large Restaurant w R/E Priced @ Asset Value St. Louis Metro

Asking Price$1,750,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,524,867

Inventory$35,000
Not included in asking price
FF&E$250,000
Included in asking price
Real Estate$1,500,000
Included in asking price
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Very Busy Large Restaurant w R/E Priced @ Asset Value St. Louis Metro


Asking Price$1,750,000

Cash Flow
$50,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,524,867

Inventory$35,000
Not included in asking price
FF&E$250,000
Included in asking price
Real Estate$1,500,000
Included in asking price
Business Description
Are you experienced in the Restaurant industry? This is a large operation with average sales around $3,500,000 yearly. The asking price at asset value including the extensive Real Estate valued at $1,500,000. While the business is profitable even taking into consideration the expense of owning the property, the operation needs improvement.
Unique concept in it’s geography
Large dining area
Banquet area
More than ample parking
AMAZING Kitchen
Understand carry out
All real estate, equipment, name, menu and processes included. Owner is retiring but will assist in training and transition after the sale.
This restaurant is located in Illinois in the St. Louis metro area.
About the Business
Facilities & Assets
Extensive facility and parking. Seats over 300!
Market Outlook / Competition
Busy area with other dining options but nothing similar to this opportunity.
Opportunities for Growth
Many ways to grow the business for an energetic new owner.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
12,000
About the Sale
Seller Motivation
Retirement.
Transition Support
Seller will share their knowledge on how they run the business. They will also help a new buyer in moving forward in what every way they can.
Listing Info
ID
2303183
Listing Views
321

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Business Listed by: Jeff Bach Bach Business Brokers

Listing ID: 2303183 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.