Long-Standing Restaurant For Sale
Boonville, MO Cooper County
On the main street in a historical community.
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- RE: Long-Standing Restaurant For Sale
- Contact: Paula Dillner
Quick Facts
| Asking Price: | $393,000 | |
| Annual Revenue: | $388,324 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $76,675 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $20,000 | |
| Real Estate: | $249,000 | |
| Year Established: | 1994 | |
| Employees: | 7 | |
| BBN Listing #: | 946514 | |
| Broker Reference #: | 12-297 |
Business Overview:
This long standing restaurant has been serving their community with quality food and great customer service for over 40 years. The loyal customer base has built relationships that have lasted. The menu is very diverse in food and drink options and budgets so it allows everyone to enjoy their dining experience.
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Market Competition and Expansion:
Competition: The restaurant has been a main gathering place for many families over the past 40 years. They are known to the community for the diverse menu which appeals to all taste and budgets. There is no other family restaurant in town that has this big of a menu with so many yummy options.
Growth & Expansion: 1. Expand the hours open-the current owners are ready for retirement- you could easily expand the hours open for more growth.
2. Second floor of building is not being utilized. It could be converted into a banquet room or a 2-3 bedroom apartment.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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