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Restaurant/Bar in Historic Hotel

Osage County, MO

Restaurant/Bar in Historic Hotel
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Asking Price: $399,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $15,000

Inventory: N/A

Established: 2007

Restaurant/Bar in Historic Hotel

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Business Description

Are you ready to create your own name in the restaurant business? This turn-key restaurant/bar/lounge is located in a renovated historic hotel (no longer a hotel) in a quaint germanique town. Restaurant has private seating areas perfect for private parties as well as outdoor seating on 3 levels overlooking beautiful rolling hills. Upstairs could be residence and/or B&B. Infrastructure is in excellent condition.

Detailed Information

Location:
Osage County, MO
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This beautiful historic hotel has been a restaurant since it opened 88 years ago. The current owners ran the restaurant for 10 years. The menu has remained the same over the years with family style chicken, country ham and sides. Seller added Kobe beef and additional items in the bar/lounge. 75% of their customers reserved. Small walk-in groups were excepted. The restaurant not only served the community that it is located in but surrounding communities and was a destination restaurant. Additionally they reserved private rooms for life events i.e. birthdays, anniversaries, showers, retirements, Christmas parties, etc.
Competition:
There is no competition.
Growth & Expansion:
The sellers were open very limited hours and only on the weekends so the growth potential is huge. The new owner can create the hours he/she wants but it could support a full service restaurant.
Support & Training:
2 weeks
Reason for Selling:
health
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Contact the Seller

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Audrey Kauffman

Business Listed By:
Audrey Kauffman

Transworld Business Advisors of Central Missouri

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Sponsoring Broker:
Laura Ruether

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