Dynamic Restaurant & Nightlife Venue- New Price

Saint Louis County, MO

Asking Price: $399,000

Business For Sale Details

Listed on Jun 13, 2024

Price Reduced! This well-established business is a vibrant restaurant, bar, and nightlife venue known for its electric atmosphere and diverse events calendar. Hosting a variety of local entertainers, the venue attracts a wide range of clientele, making it a staple in its local entertainment district.

The business has been uniquely resilient through the pandemic and posted impressive financial growth, with a 71% increase in revenue in 2022 and another 12% rise in 2023.

Prospective buyers should note that while there are no outstanding debts or liabilities, securing a liquor license will be necessary. The current owner, seeking to step back for personal reasons, is committed to facilitating a smooth transition for the new owner by offering a month of consultation and ongoing support as needed.
*January-July 2024 P&L's Gross Rev $608,212 / Adjusted Earnings $82,828.

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Financials (USD)

Asking Price $399,000

Cash Flow $173,683

Sales $1,074,453

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Yes

Relocatable? Available On Request

Real Estate? No

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