PBBID: 237
Business Description: Growing St. Louis Bar/Restaurant with six figure earnings, centered in a major high traffic location
Categories: Pub, Bar, Patio, Live Music, Food, Bar Entertainment, Video Games, Accessible to Interstate, Real Estate Available
Broker Summary: This business has been growing annually while providing strong profits for the owners since inception. Owners are wanting to focus on other more passive investments. The location is right in the center of some of St. Louis's best neighborhoods. Business has Avg profits of 134k over the past 3 years. Key management is already in place making this a great turnkey opportunity.
| SALES | 2016 | 2015 | 2014 |
|---|---|---|---|
| GROSS SALES | $873,405 | $861,679 | $772,382 |
| SELLER DISCRETIONARY EARNINGS | $132,696 | $114,975 | $156,404 |
Location: Metro St Louis
Owners Hours: 50 Hours/Weekly Between 2 Owners
Square Footage: 1800ft
Real Estate: $300,000
Lease Amount: $48000
FF&E: $60,000
Asking Price: $400,000