For Sale
$699,000

213 Broadway St Elsberry, MO 63343

Established Bar & Restaurant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
127
Exceptional opportunity to acquire Shooters Saloon, a well-established bar and restaurant in Elsberry, Missouri. Located on Broadway Street, this turnkey business boasts nearly 7,000 square feet of space, comfortably seating approximately 100 patrons. Generating nearly half a million dollars in annual revenue, this property offers a strong 17.17% cap rate and a net operating income (NOI) of $120,000. The asking price is $699,000, translating to $101.30 per square foot. Recent renovations in 2023 included updates to the restrooms, HVAC system, and roof. The sale includes all inventory, the business name and likeness, and the real estate itself. The property sits on a 3,006 square foot lot and includes 10 parking spaces. Existing staff are interested in remaining, and the current owner is willing to provide training during the transition. This single-story, Class C building presents a rare chance to own a profitable, established business with significant cash flow potential. The property is a single unit on a private ownership.

Highlights

  • Established bar and restaurant for sale in Elsberry, MO.
  • Turnkey operation with nearly 7,000 square feet and seating for 100.
  • Generating nearly $500,000 in annual revenue, with a 17.17% cap rate and $120,000 NOI.
  • Asking price: $699,000 ($101.30/sq ft).
  • Recent renovations (2023) include restrooms, HVAC, and roof.

Property Details for 213 Broadway St

Property type
Retail properties, Bars
Square Feet
6,900 SF
Class
C
Year Renovated
2023
Buildings
1
Stories
1
Units
1

Location Insight

City
Elsberry
County
Lincoln
State
Missouri
Latitude
39.165821531181
Longitude
-90.782411052175
213 Broadway St, Elsberry, Missouri

FAQs

What type of property is this?
Retail property - Established Bar & Restaurant, High ROI
Where is the retail property located?
The property is located at 213 Broadway St Elsberry, MO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Established bar and restaurant for sale in Elsberry, MO.; Turnkey operation with nearly 7,000 square feet and seating for 100.; Generating nearly $500,000 in annual revenue, with a 17.17% cap rate and $120,000 NOI.
How can I contact the broker?
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213 Broadway St
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