Comfortable, Family-Friendly Grill and Bar (Kansas City Metro)
Location: Kansas
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $525,000
Gross Revenue: $1,350,000
Cash Flow: $250,000
Real Estate: $525,000 (Not Included in Asking Price)
Business Summary
Located on the outer rim of Kansas City Metro, this comfortable, country-styled grill and bar welcomes families of all ages. The current owners purchased the business in 1995 and fully remodeled all fixtures and furnishings. For the last 13 years, the restaurant has increased sales due to a loyal customer base.
About the Business
Year Established: 1995
Employees: 8 full time - 12 part time
Facilities: The 3300-square-foot stand-alone building contains all the essentials of running a successful restaurant. Equipment includes a three-door freezer, six-burner stove and oven, six-burner char broiler, a gas wolf slotted grill, etc. The restaurant, seating more than 100 people, includes a bar and patio area.
Market Outlook and Competition: There are few restaurants in the community, and the biggest competition is from the development of a nearby shopping and entertainment district. However, a loyal customer base has helped maintain healthy sales. Within minutes from the nearby interstate and highway, this restaurant is easily accessible from neighboring communities. In addition, the owners predict that traffic through the area will increase by approximately 25 to 30 percent once the highway interchange, located only one mile away from the restaurant, is complete.
About the Sale
Management Training and Support: The sellers will assist the new owner through a smooth transition.
Reason For Selling: After 13 years of successful operation, the owners are ready to retire.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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