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Accommodation & Food Services

Steakhouse With Old World Charm and Real Estate

Saint Charles, MO, USA
Updated 195 days ago

Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor. Large walk-in refrigerator is in place to allow you to stock up as needed. Experienced employees are in place. Great chance to purchase a restaurant for less than it would take to outfit and open it yourself. The real estate is also for sale. This is an owned location. Seller is active. Hours of operation are Wed-Fri 11:30 - 8:30, Sat 12:30 - 8:30. $8,000 in inventory and $145,728 in FF&E included in the asking price. $90,000 made in leasehold improvements. Liquor license required.

Buyer Fee?

No

Franchise?

No

Relocatable?

No

Principals Only?

No

Willing To Co-broke?

No

Management Will Stay?

Yes

Represented By Broker?

Yes

Financials

Asking Price
$50K
RevenueMost Recent Year
$120K
Earnings (SDE)Last Reported
$30K
Assets Value
Undisclosed
Seller Financing
Not available

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