For Sale
$135,000

/ Liquor License Earning $107KKansas City, MO 64116

Established eatery, owner financing.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional turn-key Italian restaurant in North Kansas City, Missouri, presents a rare opportunity for ownership. Established in 1931, this legacy business boasts a 2,600 square foot space and a full liquor license, generating over $107,000 in annual owner profit from $412,711 in gross sales. The restaurant comfortably seats 62 guests inside, with additional seating on a two-tier outdoor patio adjacent to a mini-golf course. The current owner, retiring after years of success, is offering two weeks of training to ensure a smooth transition. The asking price is $135,000, with owner financing available at 10% down. Monthly rent is $2,800, inclusive of CAMs, with the lease expiring May 5, 2023. The sale includes all equipment, from a full commercial kitchen (including a gas char broiler, six-burner range, and ample refrigeration) to seating, barware, and even a 100-year-old piano. Eight experienced employees are currently in place. The restaurant's strong reputation draws customers from across the Kansas City area and beyond, presenting significant growth potential through catering, social media marketing, and the expansion of sauce and dressing sales. This is a truly remarkable opportunity for an ambitious entrepreneur to acquire a profitable, established business with significant upside.

Highlights

  • Established 1931, turn-key Italian restaurant in North Kansas City, MO.
  • 2,600 sq ft space, full liquor license, $412,711 gross sales, $107,000+ annual owner profit.
  • Seats 62 inside, plus outdoor patio seating.
  • Asking price: $135,000, owner financing available (10% down).
  • $2,800/month rent (CAMs included), lease expires 5/5/2023.

Property Details for 0 / Liquor License Earning $107K

Property type
Retail properties, Restaurants
Square Feet
2,600 SF
Year Built
1931

Location Insight

City
Kansas City
County
Clay
State
Missouri
Latitude
39.1584696
Longitude
-94.5727598
/ Liquor License Earning $107K, Kansas City, Missouri

FAQs

What type of property is this?
Retail property - Established eatery, owner financing.
Where is the retail property located?
The property is located at / Liquor License Earning $107K Kansas City, MO.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Established 1931, turn-key Italian restaurant in North Kansas City, MO.; 2,600 sq ft space, full liquor license, $412,711 gross sales, $107,000+ annual owner profit.; Seats 62 inside, plus outdoor patio seating.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 / Liquor License Earning $107K
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message