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

pbbid369

PBBID: 369

Business Description: Price Reduced! Restaurant/Sports Bar in Prime Location - Motivated

Categories: Restaurants, Sports Bars, Bars, Event Spaces, Catering

Broker Summary: Price Reduced! Owner started this business 28 years ago and is ready to retire and have the next owner take this to a much higher level with current sales near $2M. There is a lot of room for growth with better marketing and social media presence. The location is blocks away from several major event centers. Part of the sale includes an amazing, below-market net lease. For more information, please call Jon LaBarge at 314.471.3469 or info@premierbb.com.

SALES201820172016
GROSS SALES$1,736,844$1,778,167$1,845,824
SELLER DISCRETIONARY EARNINGS$110,340$107,335$120,429

Location: St. Louis, Missouri

Employees: 17 Full Time / 18 Part Time

Square Footage: 10000ft

Lease Amount: $9111

FF&E: $500,000

Asking Price: $949,000 + Inventory