For Sale
$350,000

000 In Sales!! Lawrence, KS 66044

High-Sales, Turnkey Restaurant Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This established bar and grill, operating successfully since 2012 in Lawrence, Kansas, presents a rare opportunity for ownership. Boasting impressive annual sales of $1,900,000 in 2023 and $1,700,000 in 2022, this business generated a $167,000 owner benefit in 2022. The asking price is $350,000. The property is currently leased with a monthly rent of $9200. The spacious establishment features indoor seating for 110 patrons, complemented by a large outdoor patio. A fully equipped kitchen, including two kitchens (one for catering and delivery), ensures efficient operation. Extensive equipment is included, ranging from multiple prep tables and cooking equipment to a POS system with multiple monitors and printers. The business benefits from a loyal customer base within a 5-mile radius, situated in a vibrant, walkable neighborhood with high foot traffic. The sale includes a liquor license, 58 employees (with seller-provided training), and a well-established reputation as a community favorite. The current owner is retiring, presenting a unique chance for an entrepreneur to acquire a thriving, turnkey operation with significant growth potential through catering services. The business is not a franchise and is being sold as an asset sale. SBA lending options are available for qualified buyers.

Highlights

  • Asset Sale: Yes
  • Asking Price: $350,000
  • Gross Revenue: $1,675,245
  • Cash Flow: $165,786
  • Leasehold Interest: Yes, Monthly Rent $9,200
  • Extensive Equipment Included: Includes substantial bar, kitchen, and dining room equipment; see offering memorandum for complete list.

Property Details for 000 In Sales!!

Property type
Retail properties, Restaurants
Year Built
2012

Location Insight

City
Lawrence
County
Douglas
State
Kansas
Latitude
38.9729538
Longitude
-95.232489
000 In Sales!!, Lawrence, Kansas

FAQs

What type of property is this?
Retail property - High-Sales, Turnkey Restaurant Opportunity
Where is the retail property located?
The property is located at 000 In Sales!! Lawrence, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Asset Sale: Yes; Asking Price: $350,000; Gross Revenue: $1,675,245
How can I contact the broker?
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000 In Sales!!
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