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This newly renovated bar sits just across the river from St. Louis. This restaurant and bar boasts two indoor bars, one outside bar, gaming, private event space, newly updated menu, and the best patio on the east side of the river. Live music and several community events draw in large crowds each night. This restaurant and bar is the place to be!
This 60K sq. ft. building has been in the family for over 25 years. The building is in need of repairs and anyone with vision could re-purpose or develop this building with amazing visibility from the highway. The building does have one Tenant that has plenty of time left on the lease.
This restaurant located on the main highway and on the River, provides this business with a unique experience for all patrons. Customers are flocking to this restaurant for its delicious and simple menu and staying for its incredible atmosphere. This is a great opportunity for the right buyer.
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EXTREME PRICE REDUCTION - Successful Franchise RestaurantIf you have ever dreamed of owning and running a successful restaurant in the St Louis suburbs with the support of an established franchise and without the expense, risk and headaches of startup, this is a great opportunity for you. The sellers have invested nearly $900,000 to build this restaurant and they are willing to sell it for $295,000 so they can pay down debt and focus on their other businesses. It is currently operating with virtually no owner oversight and it needs hands-on management to optimize growth and profitability. This turnkey restaurant has already been through the difficult and expensive startup process and is poised to realize immediate cash flow and significant growth and profitability. Achieving $1.5 million in revenue during its first year demonstrates the strength of its brand, its products, community support and potential. When adjusted for discretionary allocations and owner benefits, first year cash flow exceeded $66,000. Normalized for standard COGS and removal of 2022 expenses paid in 2023 (cash basis), cash flow exceeded $148,000. Growth and cost savings opportunities abound.For more information, contact Charlie Scarlett listing agent with Transworld Business Advisors at 636-400-5406, cscarlett@tworld.com or our office at 636-400-6100 stlwest@tworld.com
Established profitable trucking business, solid customer base, well maintained equipment, long standing drivers. Owner believes with additional drivers; business could increase significantly without buying additional equipment. Owner wants to retire after 40 years of ownership. For more information, contact Len Behnen.
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Asking Price: $425,000
