MergerPlace

Restaurant in Southeast Missouri

Missouri


  • Asking Price: $400,000
  • Gross Income: $861,251
  • Cash Flow: $92,057
  • Real Estate: Not Disclosed
  • Inventory: $13,000
  • FF&E: $54,000
  • Listing ID: #226242
  • Established: 2005
  • Employees: 6 FT/22 PT

Business Description

This is a popular restaurant that performed surprisingly well during the pandemic. They actually saw an increase in sales in 2020! The local community really supported the business by ordering carry out meals during the shut-down in second quarter of 2020 and then resumed visiting in person as soon as they were allowed to do so. The business has been a staple of the area for over 15 years and draws a regular customer base from a 50 mile radius.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Missouri

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6 FT/22 PT

Financial Information

Asking Price: $400,000
Gross Revenue: $861,251
Cash Flow: $92,057
FF&E: $54,000
Inventory: $13,000
Seller Financing Available: No

Property Information

Facilities:

The restaurant has been added to several times with a patio, dine-in bar, and regular seating with a non-smoking area. They also have a heavy-duty smoke handling ventilation system. Additionally, there is an outdoor area with a bar on site when the weather is nice.

Growth & expansion opportunities:

There is a variety of opportunities for a new owner to expand the business even further. Adding more catering events on and off site, doing more online and offline advertising, and putting to use the point of sales system included in the sale would all expand business and revenue. A new owner with fresh eyes, excitement, and a passion for the business will find more opportunities for profit and expansion.

Competition:

There are no other restaurants in the immediate vicinity of this business. This business has a loyal following of people who love their food and come in to dine regularly.

Reason for selling:

The owner is ready to retire.

Support & Training:

Will train for 8 weeks for $0 cost. The restaurant serves both lunch and supper 7 days a week. They also have a bar. A new owner will need to obtain all of the restaurant and alcohol licenses required.

Contact Business Seller

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Business Listed By:

Jennifer S. Smith

Murphy Business Brokers