5000 SF Restaurant in Thriving Downtown Area (Under Contract)

North Kansas City, MO (Clay County)

5000 SF Restaurant in Thriving Downtown Area (Under Contract)
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Asking Price: $200,000

Cash Flow: N/A

Gross Revenue: $793,175

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Rent: $3,422 /Month

Established: 1969

5000 SF Restaurant in Thriving Downtown Area (Under Contract)

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Business Description

Signature Location!

This 4874 SF restaurant is fully equipped with a bar, full kitchen including pizza ovens, TVs, and seating capacity for 171. A new owner can buy the restaurant and continue operations, or rebrand it. The location is at 'Main and Main' in a great market just north of downtown Kansas City and includes patio seating. It is walkable to several craft breweries.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,874
Lease Expiration:
7/31/2022
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A list of FF&E Is available upon request.
Competition:
Fantastic location with an incredibly low lease rate. LL will renew for 5 years at time of purchase
Growth & Expansion:
Party room can be added. Opportunity to improve operations.
Support & Training:
As needed; desire is for new operator to rebrand or improve current concept
Reason for Selling:
The founder passed and the heir does not have an interest in running it.
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Business Listed By:
Jayme Miller

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