ICONIC Restaurant including Extensive Real Estate

Listing ID: 1056JB
Location: Metro St. Louis
Industry: Full-Service Restaurants
Price: $2,350,000

ICONIC Restaurant including Extensive Real Estate

You can own a HISTORIC, AWARD -WINNING restaurant! Very Profitable! Experience recommended as this is an exceptionally busy place. If you don’t know the name, you haven’t lived in St. Louis for very long.

While business was down somewhat in 2020, the restaurant still made money and rebounded well. 2021 should end up as strong as pre covid numbers. For the right qualified buyer, there is possibility of bank financing.

Real Estate is updated and includes some additional rental income. Also, the guests never have to worry about parking, the lot easily accommodates all guests.

Call to see if this one is for you. Jeff Bach at 314-941-8530 or email at jbach@fusionadvantage.com listing ID#1056JB.

Average Gross Sales: $4,053,000
Average Cash Flow: $403,000
FF&E Value: $150,000
Estimated Inventory (not included in sale price): $50,000

Own/Lease: Own