Impressive Steakhouse Bar And Grill
Location Missouri,United States
Asking Price Range $250K - $500K
Gross Revenues $1400000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 20 - 34
Inventory 200000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training Seller will ensure a smooth transition.
Reason for Sale Other business interests.
Description 500+ seat, 27,000 sqft. Luxurious yet casual and down to earth 4 story steakhouse bar and grill located in a booming tourist destination in Missouri. Although this institution is well known for its USDA dry aged prime steaks, the restaurant offers a wide selection of superb food including seafood, chicken, vegetarian and gourmet dessert items, in addition to a full service bar with an extensive wine list. This amazing establishment has been open for two years and generates 1.4 million dollars and 150k respectively in annual sales and annual cash flow. Extraordinary lease for only $10,000 a month. The business offers live jazz and piano entertainment 7 nights a week. Amenities include a separate cigar room, dinner theater, banquet/private rooms, dancing, entertainment shows, non-smoking restaurant, smoking area (bar only) and private parking lot. Catering is available for groups of up to 200 guests, and semi private events can accommodate up to 200 patrons. The business received numerous positive feedbacks on various online publications. Owner has another business and cannot dedicate the time and energy resources necessary to grow the business to its full potential. At $300k this is a great deal. Contact for more information on this Steakhouse Bar And Grill for sale.
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