Profitable Casual Dining Restaurant With Real Estate For Sale
Location Missouri,United States
Asking Price Range $500K - $1.0M
Gross Revenues $659579
Net Profit / Cash Flow $54042
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 10 - 19
Inventory 60000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Retiring.
Description Profitable, Well Established Casual Dining Rest. INCL. Real estate
Located with frontage on one of the areas busiest highways, this is truly a 'destination' casual dining restaurant - that has been successful for nearly three decades. The current owners have continued to update the equipment and facility to keep things running smoothly. Currently there are managers in place who oversee the entire day to day operation of the restaurant and the owners are semi-absentee. The sellers have reached the age where they would like to retire and have decided to offer this rare opportunity to a luck buyer. Restaurant experience is not required but would be a plus.
The real estate is included in the asking price (valued at $325,000) and the owners benefir from paying themselves $18,000+ in annual rent. This allows a buyer to accumulate equity over time.
For more information, please call Steve Normand at 314-795-7694, or call our office at 314-842-3802 and ask about ID#1636SN.
Click Here To Contact Seller
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