000 In Profits Lawrence, KS 66046
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 In Profits
- Year built
- 2004
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This thriving Kansas City BBQ restaurant presents a unique investment opportunity. Established in 2004, this well-regarded eatery boasts a loyal customer base and consistent growth, evidenced by annual sales increases (excluding the pandemic year). The current owner is retiring, offering a turnkey operation with a strong reputation (4.5-star Google rating). Generating $1,950,499 in sales and $337,921 in profit, this business operates within a 4,000 square foot space, featuring a full bar with a liquor license. The lease, expiring December 31, 2027, offers a four-year term and a monthly rent of $6,641. The sale includes a comprehensive inventory of equipment, such as a six-burner gas stovetop, charbroiler, multiple refrigerators and freezers, fryers, a Southern Pride smoker, Hobart mixer and slicer, and more. The restaurant's success is further enhanced by a robust catering business, contributing significantly to its profitability. This is an asset sale, and SBA lending may be available for qualified buyers. The business employs 28 people and has indoor seating for 198 patrons. This is a rare chance to acquire a profitable, established restaurant with significant growth potential. The location is undisclosed for confidentiality reasons.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawrence
- County
- Douglas
- State
- Kansas
- Longitude
- -95.2162
- Latitude
- 38.9027
