467 In Owner Earnings!! Prairie Village, KS 66208
- Retail properties
- 2,980 SF
Current Use by Public Records
- Retail properties
Property Details for 467 In Owner Earnings!!
- Year built
- 2011
- Property size
- 2,980 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established, polished-casual dining restaurant in Overland Park, Kansas presents a lucrative investment opportunity. Boasting $1,383,098 in gross revenue and impressive owner earnings of $254,467, this turnkey operation is a proven money-maker. The 2,980 square foot space comfortably seats 68 inside, 26 at the bar, and 44 on the patio. A full liquor license is in place, adding to its profitability. The restaurant features a highly-rated menu, a Wine Spectator award winner, and operates only 20 hours per week, leaving significant room for expansion. All equipment is included in the asking price of $595,000. Monthly rent is $9,729, encompassing CAMS, taxes, and insurance. The lease extends until January 31, 2026. The current owner is retiring, providing a seamless transition for a new operator. This exceptional opportunity combines a strong track record with substantial growth potential, making it an ideal acquisition for an experienced restaurateur. The business has 20 employees. Built in 2011, this restaurant is a Kansas City favorite. The sale includes two weeks of owner support.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prairie Village
- County
- Johnson
- State
- Kansas
- Longitude
- -94.6295
- Latitude
- 38.9951
