Restaurant & Bar - Asset Sale
Creve Coeur, MO
| Asking Price: | $280,000 |
| Gross Revenue: | $703,686 |
| Rent: | $10,500/Month |
| Established Year: | 2022 |
| Cash Flow: | $57,221 |
| Inventory: | $20,000 |
| FF&E: | $600,000 |
Listing ID: 2181136Listing provided by BizBuySell
BUSINESS DESCRIPTION
Upscale Bistro with a southwest cuisine located in a very desirable area of St. Louis County. Been open less than two years. May through September 2023 shows a net income of $57,221*. Overall projections for gross revenue of $2,000,000 with a 15% profit margin. Seller put in $1,150,000 in renovations, equipment, furniture & fixtures. Most, if not all, employees will stay. Some owner financing is possible for a qualified buyer. For additional information please contact listing agent Greg Dyer at (636) 459-8513 or gregd@fcbb.com
DETAILED INFORMATION
Location
Creve Coeur, MO
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,000
Lease Expiration
01/01/2028
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 7,000 square feet with a Total monthly rent of $10,500. Lease ends 01/2028 with four 4-year options. Seller is active with 21FT and 4PT employees. Hours of operation are 11am-10pm Mon-Thurs, 11am-11pm Fri, 10am-1pm Sat, and 10am-10pm Sun. $20,000 in inventory and $600,000 in FF&E included in the asking price. $650,000 made in leasehold improvements. Liquor from state, food service license from the municipality required.
Support & Training
90 days
Reason for Selling
Family Illness - needs to downsize
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