Busy / Large Restaurant Real Estate included REDUCED
Busy / Large Restaurant Real Estate included REDUCED
Listing ID: 1039JB
Location: Metro St. Louis
Industry: Restaurants and Other Eating Places
Price: $1,990,000
Busy / Large Restaurant Real Estate included REDUCED
Broker summary:Business is Great and priced is DROPPED!
The facility included is $1,500,000 of the price, leaving the business underpriced for its cash flow and assets.
This is a large restaurant operation with average sales near $3,000,000 annually. Only dropping slightly in 2020 but coming back strong! Some of the incredible competitive advantages are:
• 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 call Jeff Bach at 314-941-8530 or email at jbach@fusionadvantage.com
Average Gross Sales: $3,000,000
Average Cash Flow: $180,000
FF&E Value: $350,000
Estimated Inventory (not included in sale price): $35,000
Own/Lease: Own
Square Footage: 12,000 sq ft
Building Comments:
12,000 sq ft building. 3,000 sq ft storage building on property. Exceptionally large, paved lot. Seating for over 300 for dine in. Plus, banquet area & bar area.
Genuinely nice electronic sign.
