Grill and Bar

Upscale Casual

REF# 3191


Grill & Bar
Grill and Bar Business For Sale - The Kingsley Group



$399,000

Springfield, MO Area


Detailed Information

Years 2019 2020 2021 (Ann.)
Gross Revenues toottip $468,099 $507,947 $789,210
CASH FLOW - DE toottip $24,692 $12,155 $191,172
Years 2019 2020 2021 (Ann.)
Gross Revenues $468,099 $507,947 $789,210
CASH FLOW - DE $24,692 $12,155 $191,172
Inventory toottip Included $25,000
FF&E toottip Included $150,000
Real Estate toottip Not Included
Building Size SF 5 Sq. Ft.
No of Employees Owner - 1 / FT - 3 / PT - 15
Established 2018
Inventory toottip
$25,000 (Included)
FF&E toottip
$150,000 (Included)
Real Estate toottip
(Not Included)
Building Size SF
5 Sq. Ft.
No of Employees
Owner - 1 / FT - 3 / PT - 15
Established
2018
Support Training
Seller will assist in a smooth transition
Reason for Selling
Relocation

Business Description

    This restaurant is a beautifully decorated upscale casual grill and bar, well located in Springfield Missouri. The menu features steaks, seafood, sandwiches, salads, and hand-crafted drinks. Regular hours are 4:00 pm to close, Monday – Saturday. The space underwent a complete renovation in 2018 creating a new décor featuring new furniture, wall coverings, lighting, bar area, and kitchen equipment. In addition to the dining room, the location includes an event room that can be utilized for private parties or regular dining as well as a nicely appointed outdoor patio area.

    A full-time GM was hired in late 2020 which allowed the owner to significantly reduce their hours. The owners are wanting to relocate due to a job offer in another state. They will assist a new owner in a smooth transition and a successful future.

    Due to covid-related restaurant closing, the 2020 financials only reflect a partial year.  The financials presented for full-year 2021 reflect an annualized projection based on 1Q21 Revenues.

    Grill and Bar Business For Sale

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      Steve Nurnberg- Kingsley Group Business Brokers of Springfield Missouri

      Steve Nurnberg Kingsley Group


    Your Business Sales, Mergers & Acquisitions Specialist