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BUSINESS FOR SALE - PROFILE #  42590026

Local Sports Bar & Grill
St. Charles County

Asking Price: $180,000   Down Payment: $180,000  
Gross Revenue: $331,666   Adj. Cash Flow*: $44,111  
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Executive Summary
Local sports bar and grill with curbside and to-go dinner menu, located in St. Charles County.  Trained staff and proven systems in-place and turn-key ready, just add YOU!  This sports bar has been doing a great job at balancing the changing industry conditions and adapting in stride.  Bring your vision and passion to round-out the opportunity and create the bar and grill of your dreams at an incredible entry price!  Great location, shared parking lot with fellow strip-mall tenants, easy access and highway visibility. The restaurant has been in this location for 30 years and undergone a few changes, with each one building on the prior.  Latest owner is ready to pass the reigns- their work is your gain!

Acquisition Highlights

  • Great local sports bar and grill with a traditional canvas ready to tailor to your vision. Keep it the same, or change things up- either way, the location is a staple in the local community and the bar welcomes you right away! Belly-up on a stool, or get seated at your favorite table! Your customers will enjoy the food, the live music, and can find a quiet table on the upper balcony for those special occasions. Full commercial kitchen. This opportunity is ready for the next owner to take the business to new heights!
  • The bar and grill is mostly open for the early evening dinner crowd and the live entertainment. Social distancing and other recognized and mandatory safety measures are in place. Staffing was reduced to accommodate the new changes in operations.
  • The bar and grill has had its challenges related to local government mandated reduction in industry seating capacity and social distancing guidelines; however, the business has remained open and is adapting.
  • The Business includes these services: • Food menu items: o Appetizers o Salads o Entrees o Sandwiches o Pizzas o Sides • Beverages (alcoholic and non-alcoholic) • Live music and entertainment: o Karaoke o DJ music o Comedy performances • To-go orders and curbside service
  • The bar and grill occupies approximately 10,000 s.f. of space on the end of a local strip mall. The two-story bar and grill has visibility from the main highway and is centrally located near other businesses and residential areas.
  • New ownership under the Business Owner began in 2014 as a local bar and grill and has remained under the single ownership of the Business Owner. The Business offers traditional American bar and grill offerings, with a tailored food menu offered from the kitchen and customary wine, beer, and liquor selections from the bar.
  • Financing Information:  Cash; SBA; seller financing negotiable
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1975 Inventory: $2,512 Included
Employees: 3 FT, 3 PT , 1 Mgrs Furniture, Fixtures & Equipment: $22,799 Included
Lease/Rent: $2,952 Real Estate:
Building Sq Ft: 10053
    Total Assets Included in Sale: $34,844
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Jeff Kalil
Phone:  (314) 833-9207
E-mail:  jeff@vrgatewaystl.com
VR Business Brokers-ST. LOUIS, MO
10805 Sunset Office Drive
Suite 102
St. Louis, MO 63127
www.vrgatewaystl.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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