Two Martini Bar and Grills with Combined Sales Exceeding $1.7 Million

Saint Charles, MO (Saint Charles County)

For more information, please contact Steve Becker at 636-549-8150 or s.becker@innovativeba.com
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Asking Price: Get Financing: $560,000

Cash Flow: $225,000

Gross Revenue: $1,700,000

EBITDA: $225,000

FF&E: $400,000

Inventory: $15,000

Established: 2010

Two Martini Bar and Grills with Combined Sales Exceeding $1.7 Million

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Business Description

Highly Profitable with Over $225,000 in Annual Owner’s Earnings

Both have full bars and comfort food grills. Serving lunch and dinner daily including happy hour specials and late-night drinks and dining. These are highly successful locations both having newly refurbished dining areas and new kitchen flooring. Dining room fixtures, bars, kitchen equipment and bathrooms are immaculate and in like brand-new condition. Loyal long-term staff serving both locations.

Business Highlights:
- Over $225,000 in Annual Owner’s Earnings
- Combined Sales over 1.7 Million
- Located in Affluent St. Charles and St. Louis County
- Complete Dining Room Renovations in 2018
- Turnkey and Profitable from day one.
- Seating for 70 Plus Large Bar and Lounge Area’s
- Full Liquor License
- Assumable Leases
- Seller and Pre Approved Third Party Financing Available

When you click "CONTACT SELLER" we will send you a Confidentiality Agreement for electronic signature with the following subject line: "Terri LaCroix from Innovative Business Advisors, LLC requests you to sign IBA LLC Confidentiality Agreement," If you do not receive this email within 24 hours, please check your spam folder for the above referenced email.

If you prefer to manually sign the Confidentiality Agreement, please click on the document attached to this listing, then print, sign, scan and email to: lacroix@innovativeba.com.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
8FT :: 12PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two 3,000 Square Foot locations with full kitchens and hoods. Each has large bars with bar seating and dining rooms. Location 1 has an outdoor patio. Location two has a semi private room.
Growth & Expansion:
Location 2 has underutilized contractual catering and bar business with event space in building. Owners have been managing these locations absentee. Revenues and profits set to increase with on-site ownership.
Financing:
The seller is willing to finance 25% over three years
Support & Training:
The seller is willing to train any new owner
Reason for Selling:
Owners husband and wife are retiring and relocating
Business Website:
http://www.innovativeba.com
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Contact the Seller

(from currently available funds)
 
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Steve Becker

Business Listed By:
Steve Becker

Innovative Business Advisors

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Sponsoring Broker:
Steven Denny

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