430

PBBID: 430 -

Title & Description: PROFITABLE CATERING, RESTAURANT AND BAR

Industry:  Bar, Food and Beverage, Restaurant, SDE Listings

$240,000

+ Inventory

Summary:

Very profitable decades old catering, restaurant and bar with lots of opportunity for expansion and growth especially in catering. 2019 numbers are on a fiscal year ending 6/30/2020 and reflect three months of COVID shutdown and still profitable despite the cancellation of many wedding catering jobs. This successful and long-standing company has a great reputation and location. The building is also for sale and can be purchased for less than the monthly rent with better financing terms. There is a lot to learn about this business! For more information, please call Pam Ludwinski 314-368-8811 or info@premierbb.com.

2019 2018 2017
GROSS SALES $577,739 $718,219 $707,989
SELLER DISCRETIONARY EARNINGS $47,244 $81,875 $121,810
  • Area : Metro St. Louis
  • Employees : 12 Part Time
  • Square Footage (in ft) : 4,000 sq ft
  • Monthly Lease Rate : $4,000
  • FF&E Value : $100,000
  • Inventory Cost : $15,000
  • Real Estate : Available

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