LANDMARK RESTAURANT AND BAR WITH REAL ESTATE

Listing ID: 1138KK
Location: Metro East
Industry: Restaurants and Other Eating Places
Price: $1,400,000

LANDMARK RESTAURANT AND BAR WITH REAL ESTATE

This very popular restaurant and bar has been in business over 60 years and owners are wanting to retire. Located in a very good area and with great parking and exposure. Check out this 14,000 sq ft restaurant with multiple dining rooms and banquet rooms along with a great bar that has outside dining and much more. . Sellers will entertain some owner financing and will stay on a period of time to train new owners. THIS is priced to sell and listed at $400,000 under appraised price.

Please call Ken Kunkel at 636 346 0293 for more information on this turn-key restaurant. Please reference ID#1138KK.

Average Gross Sales: $550,000
Average Cash Flow: $50,000
FF&E Value: $450,000
Estimated Inventory (not included in sale price): $40,000

Own/Lease: Own
Square Footage: 14000
Building Comments:

The restaurant is over 12000 sq ft with multiple dining rooms and banquet rooms along with 2 up stair apartments and 2000 ft outside stand alone gazebo.