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#Business ID: 15365

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Restaurant And Bar In Business 30 Years

Business Location: Illinois, United States

Asking Price: $ 205,000 Revenue: $ 500,284 Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

Price Reduced! This unique casual dining restaurant and is just minutes from downtown St. Louis in a very safe area. Location has served as restaurant for nearly 30 years. Sale of this business also includes a separate deli that serves made-to-order sandwiches to lunch crowd. Low, low lease. Only $1,000 per month with 2 years left on agreement. Landlord willing to renegotiate or extend to keep tenant. Sale includes all furniture, fixtures and equipment. Absentee owner. A hands-on owner/manager could easily increase sales and manage expenses. Gaming license in place to bring more customers and add more revenue!

Down Payment: $205,000
Total Assets: $102,300
Sellers Discretionary Earnings: $75,372

Property Details

Years Established:

1982

Property Type:

Lease

FF&E:

$ 90,000

Business Operation Details

Employees:

Full Time: 0Part Time: 14

Trading Hours:

Mon- Fri: 11am til 9pm, Sat: 4pm til 9pm

Miscellaneous Details

Reason For Selling:

Other business.

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