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

pbbid328

PBBID: 328

Business Description: Rooftop Lounge with over a decade of success available in one of most
sought after neighborhoods.

Categories: Lounge

Broker Summary: This Rooftop Lounge had a successful run the past 12 years. Business is currently dark, only due to not wanting to renew their lease. “LANDLORD is willing to help provide capital to launch a new concept for the Right Buyer.” Owners were near absentee and had key management in place, while still maintaining profitability. Sellers have also launched and built multiple other successful restaurants in the market that have taken most of their focus. They are ready to pass the torch on this space/business to the next buyer who can carry on the storied location. The space its self is unrivaled, featuring a roof top patio in the heart of the Central West End. Huge renovations and construction happening next door at the Iconic Chase Building as well as 30+ story luxury high rise developments slated for completion in the coming year(s). Space has $75,000 worth of furniture, fixtures, and equipment for sale. Business ranged from 700k-$1MM in annual revenue being open anywhere from 2-4 nights a week. For more information, call 314.548.2153 or info@premierbb.com.

Location: Central West End

Asking Price: $75,000