Nationally Known Bar and Restaurant In Metro St. Louis

Description

Bar and restaurant for sale in a major entertainment district. The business operates from a large destination-style venue with more than 20,000 sq. ft. of space.

Financials

• Seller reports 2023 profit exceeding $1.7 million
• Recent price reduction
• Additional real estate available separately

Buyers should confirm whether the reported $1.7 million represents net income, EBITDA, Seller Discretionary Earnings or another measure of profit.

Facility

• More than 20,000 sq. ft.
• Multiple bars
• Multiple kitchen areas
• Indoor dining space
• Large covered patio
• High-capacity entertainment venue setup

Location

The business is located in a busy entertainment area that attracts significant weekly visitor traffic.

The venue has operated as a recognizable local destination and is already configured for high-volume food and beverage service.

Real estate

Additional real estate is available for purchase at an extra cost. Buyers should confirm exactly which parcels or buildings are included in the business transaction and which are being offered separately.

Confidentiality

A signed non-disclosure agreement is required before the business name, location and additional financial information are released.

Due diligence

Buyers should verify historical financials, the calculation of reported profit, food and alcohol sales, liquor license status, staffing, equipment ownership, entertainment permits, patio approvals, property and lease terms, insurance and the pricing of any separately offered real estate before closing.