867

PBBID: 867 -

Title & Description: DYNAMIC RESTAURANT AND NIGHTLIFE VENUE

Industry:  Bar, Food and Beverage, Listings, Restaurant

$430,000

+ Inventory

Summary:

This well-established business is a vibrant restaurant, bar, and nightlife venue known for its electric atmosphere and diverse events calendar. Hosting a variety of local entertainers, the venue attracts a wide range of clientele, making it a staple in its local entertainment district.
The business has been uniquely resilient through the pandemic and posted impressive financial growth, with a 71% increase in revenue in 2022 and another 12% rise in 2023.
Prospective buyers should note that while there are no outstanding debts or liabilities, securing a liquor license will be necessary. The current owner, seeking to step back for personal reasons, is committed to facilitating a smooth transition for the new owner by offering a month of consultation and ongoing support as needed. For more information, call Doug Heller at 650.863.8700 or info@premierbb.com.

2023 2022 2021
GROSS SALES $1,110,734 $991,795 $578,849
ADJUSTED EARNINGS $173,682 $233,378 $104,748
  • Area : St. Louis County
  • Employees : 14 Full Time
  • Square Footage (in ft) : 5,000 sq ft
  • Inventory Cost : $10,000

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