St. Louis business brokers specializing in the buying and selling of established businesses. Also serving Springfield, Kansas CIty and Columbia.
314-548-2153

pbbid124

PBBID: 124

Business Description: Bar & Lounge

Categories: Bar, Lounge

Broker Summary: Legendary St. Louis Bar for sale! Owners work 1 hr a week. Business has thrived for over a decade, with Average discretionary earnings of 150k+ annually over the past 3 years! Owners are focusing all of their time, effort, and capital into a new business that has taken off and are ready to pass the torch on to the right buyer! Fair market valuation came out over 340k but owners moved the price to 275k+Inventory for a quick sale. Business also has 45k in furniture, fixtures, and equipment included in the sale.

For more information, call 314-548-2153 or info@premierbb.com.

SALES201320122011
GROSS SALES$792,042$743,900$692,048
SELLER DISCRETIONARY EARNINGS$162,908$182,241$112,000

Location: St Louis, MO

Owners Hours: 10am - 2pm - 1 day

Employees: 2 Full Time, 18 Part Time

Square Footage: 6500ft

Lease Amount: $5455

FF&E: $140,000

Asking Price: $275,000