Steakhouse With Old World Charm and Real Estate

Saint Charles, MO (Saint Charles County)

Asking Price: $50,000

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Business For Sale Details

Listed on Oct 7, 2025(Renewed on Jan 12, 2026)

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.

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Financials (USD)

Asking Price $50,000

Cash Flow $29,500

Sales $120,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? No

Willing to co-broke? No

Principals only? No

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Available On Request

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