LISTING INFORMATION
Listing ID:
Location:
HIGHLIGHTS
- Approximately 25 years of restaurant history at the location
- Established St. Louis County / Creve Coeur area location
- Plug-and-play restaurant space
- Approximately 3,100 square feet
- Existing restaurant infrastructure
- Approximately $150,000 in stated FF&E included
- Existing favorable lease
- Approximately $3,400 monthly rent
- Suitable for a variety of restaurant concepts
- Potential for dine-in, takeout, and delivery
- Strong opportunity for an owner-operator or chef-driven concept
- Suitable for an established multi-unit operator seeking another location
- Seller willing to provide training and transition assistance
Broker Summary:
Turnkey restaurant space available in an established St. Louis County location with approximately 25 years of restaurant history. The property offers existing restaurant infrastructure, included furniture, fixtures and equipment, a favorable lease, strong visibility, and a layout suitable for a variety of food and beverage concepts.
This opportunity is particularly well suited for an owner-operator, chef-driven concept, emerging restaurant brand, or multi-unit operator seeking an established location without the time and expense associated with building out a restaurant from the ground up.
Quick Facts:
- Established Restaurant Location: Approximately 25 years
- Industry: Full-Service Restaurant / Restaurant Space
- Location: St. Louis County / Creve Coeur Area
- Asking Price: $179,999
- Facility: Approximately 3,100 square feet
- Monthly Rent: Approximately $3,400
- Employees: 8 under current operation
- Full-Time Employees: 2
- Part-Time Employees: 6
- FF&E Included: Approximately $150,000 in stated value
- Lease: Existing lease in place
- Ownership: Seller retiring
About the Opportunity
This is an opportunity to acquire a fully built-out restaurant space in an established St. Louis County location with a long history of restaurant use.
The space is already equipped with substantial restaurant infrastructure, providing a buyer with the opportunity to significantly reduce the time, expense, and complexity typically associated with opening a new restaurant.
The current restaurant concept has operated at the location for approximately 25 years. The seller is retiring, and the space is now positioned for a new owner to introduce a fresh concept, menu, and brand.
The existing layout is adaptable to a variety of food and beverage concepts and can accommodate dine-in, takeout, and delivery-focused operations.
Financial Information
Asking Price: $179,999
FF&E Included: Approximately $150,000 stated value
Monthly Rent: Approximately $3,400
Average Gross Sales: Available upon qualification
Average Cash Flow: Available upon qualification
Inventory: Not included
The current business financial summary does not provide verified gross sales or cash-flow figures. Accordingly, this opportunity is being positioned primarily around the value of the established restaurant space, lease, and included FF&E rather than historical operating performance.
Business Operations
The existing restaurant has operated from the location for approximately 25 years, providing a proven restaurant environment and established infrastructure.
Under the current operation, the restaurant has eight employees, including two full-time and six part-time employees. The current owner works approximately 27 hours per week and interacts directly with customers.
A buyer acquiring the opportunity would have the flexibility to retain existing staff where appropriate or transition the operation to a new concept and staffing model.
The seller is willing to train the new owner and assist with the transition.
Restaurant Concept Potential
The existing space is designed to support a broad range of food and beverage concepts.
Potential uses may include:
- Full-service restaurant
- Casual dining concept
- Chef-driven restaurant
- Specialty food concept
- Family restaurant
- Takeout-focused restaurant
- Delivery-focused concept
- Combination dine-in and takeout operation
- Multi-unit restaurant expansion location
The current concept can be changed, giving a new owner the opportunity to bring an entirely different brand, menu, and operating model to the established location.
Expansion Potential
The primary opportunity is to introduce a new concept into an already built-out restaurant environment while avoiding many of the costs and delays associated with a new restaurant construction project.
Potential opportunities include:
- Introduce a new restaurant concept
- Develop a stronger brand and marketing strategy
- Expand takeout and delivery
- Increase operating hours
- Develop catering opportunities
- Utilize the existing restaurant infrastructure more extensively
- Create a chef-driven or specialty dining concept
- Leverage the established location for a second location of an existing brand
- Develop a multi-unit expansion strategy
The seller specifically notes that the concept will need to change, making this an attractive opportunity for a buyer seeking a restaurant location rather than an acquisition of the existing brand.
Ownership:
Leased
Facility Size:
Approximately 3,100 square feet
Facility Details:
The restaurant space includes substantial existing restaurant equipment and furnishings. The accompanying FF&E list includes:
- Walk-in cooler
- Ice machine
- Dishwasher
- Stainless steel shelving
- Three-sink compartment
- Reach-in tall cooler
- 12-burner stove
- Prep tables
- Double ovens
- Tables and chairs
- Tablecloths
- DJ equipment
The FF&E is reported at approximately $150,000 in value and is included with the sale.
Location Advantages:
Located in the Creve Coeur area of St. Louis County, the property offers an established restaurant setting with a long history of restaurant use and an existing lease described by the seller as favorable.
Ownership Transition
The current owner is retiring after approximately 25 years at the location, creating an opportunity for a new owner to take over an established restaurant space and introduce a new concept.
The seller is willing to provide training and assist with the transition, providing an opportunity for a buyer to become familiar with the existing space, equipment, and operational setup.
This opportunity is particularly attractive to a restaurant entrepreneur who wants to avoid the significant startup costs and lengthy build-out process associated with opening a restaurant in a raw commercial space.
FINANCIAL INFORMATION
FF&E Value:
Approximately $150,000 in stated value
Estimated Inventory:
Not included
BUILDING INFORMATION
Own/Lease:
Square Footage:
Approximately 3,100 square feet
CONTACT LISTING BROKER
KIM WRIGHT
Phone:
Email:
