0 Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!!Kansas City, MO 64111

For Sale
$650,000
Established Restaurant, High Sales, Great Earnings

Overview

Added:
Dec 11, 2024
Days on market:
125
This thriving Kansas City restaurant, built in 2004, presents a unique opportunity for ownership. Boasting over 6,181 square feet of space, the property includes a main dining area, multiple private dining rooms, and outdoor seating. The restaurant has consistently generated over $2.5 million in annual sales, with owner earnings exceeding $192,000 annually over the past three years (2021-2023, with $144,000 in 2023). The asking price is $650,000, representing a price per square foot of $105.16. The current lease is a NNN agreement expiring February 27, 2026, with options extending to 2033. Monthly rent is slightly over $14,000. The sale includes all equipment, fixtures, and inventory, as detailed in the attached list. This includes extensive kitchen equipment, a full bar setup, and ample seating for over 200 patrons. The restaurant benefits from a loyal customer base and a prime location in a competitive market. The current owner is retiring, creating this exceptional opportunity for a new owner to capitalize on the existing success and further expand the business, particularly through catering and increased private event bookings. The business is an independent concept, eliminating royalty, ad fund, and transfer fees. SBA financing may be available to qualified buyers. This is a rare opportunity to acquire a well-established, high-volume restaurant in a desirable Kansas City location.

Highlights

  • High-volume Kansas City restaurant generating over $2.5M in annual sales.
  • Owner's profit exceeding $192,000 annually for the past two years.
  • Established full-service restaurant with a liquor license.
  • SBA financing available to qualified buyers.
  • Popular local establishment with a loyal customer base within a 5-mile radius.
  • Significant growth potential through catering expansion.

Property Details for 0 Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!!

Property type
Retail properties, Restaurants
Square Feet
6,181 SF
Year Built
2004

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.0587452
Longitude
-94.5985613
Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!!, Kansas City, Missouri

FAQs

What type of property is this?
Retail property - Established Restaurant, High Sales, Great Earnings
Where is the retail property located?
The property is located at Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!! Kansas City, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High-volume Kansas City restaurant generating over $2.5M in annual sales.; Owner's profit exceeding $192,000 annually for the past two years.; Established full-service restaurant with a liquor license.
How can I contact the broker?
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0 Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!!
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