Historic Bar and Restaurant with Real Estate Included!
Historic Bar and Restaurant with Real Estate Included!
Listing ID: 1208KW
Location: St. Charles County
Industry: Restaurants and Other Eating Places
Price: $799,000
Historic Bar and Restaurant with Real Estate Included!
Broker summary:Welcome to this beautiful, downtown historic piece of real estate with a thriving restaurant under current ownership for almost 30 years. This is a thriving, full-service restaurant, bar and catering business. It has a prime location nestled in a historic downtown area in one of the fastest growing cities in the U.S. The clientele has been very loyal and dining out here for almost 30 years! The fully-equipped kitchen is meticulously clean and well-maintained. There is a management staff in place that would consider staying with new ownership. While this restaurant has already achieved substantial success, there are still numerous opportunities for growth from catering or opening operations back up to 7 days a week. The real estate also boasts an impressive 4 bedroom office or apartment that an owner/operator could reside in or rent out for additional income above the restaurant. Call Kim Wright @ 636-614-9975 or email kwright@fusionadvantage.com. Please reference ID#1208KW.
Average Gross Sales: $1,431,890
FF&E Value: $125,000
Estimated Inventory (not included in sale price): $20,000
Own/Lease: Own
Building Comments:
This building is in excellent shape and beautifully maintained. It has a large apartment and office over the top of the restaurant. Everything has been renovated and updated. An owner could live upstairs or rent it out. It has a separate entrance for the apartment.