Profitable St. Charles County Restaurant - Fantastic Location

Description

Restaurant and bar for sale in Saint Charles County with strong reported sales and a management structure that allows the current owner to remain largely removed from daily operations.

Business profile

• Restaurant and bar operation
• Saint Charles County location
• Mostly absentee ownership structure
• Existing management and staff
• Large customer parking area
• Convenient access from a nearby highway

Operations

The seller reports that the restaurant can operate with limited day-to-day owner involvement. Buyers should confirm the responsibilities of current managers, staffing levels, payroll and the number of hours ownership actually spends on the business.

Location

The property is positioned near a highway and has a large parking lot, providing convenient access for customers traveling from the surrounding Saint Charles County area.

The seller also describes the surrounding customer base as relatively high-income. Buyers should independently review local demographics and customer traffic.

Financial performance

The business is represented as profitable and generating strong income. Historical tax returns, profit-and-loss statements and current-year sales should be reviewed to confirm earnings and any adjustments used to calculate owner benefit.

Growth

• Increase local marketing
• Expand private events and group bookings
• Develop catering sales
• Increase online ordering and delivery where applicable
• Improve bar promotions and event programming

Buyer review

Buyers should verify historical financials, food and beverage margins, payroll, management compensation, equipment ownership, lease or real estate terms and working-capital requirements.

Liquor licensing, food-service permits, occupancy limits and any entertainment approvals should also be confirmed before closing.