Technical
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Property profile

700 000 Overland Park, KS 66214

OFF-MARKET
Retail properties & Spaces
4,500 SF Built 1972
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Property summary

AI-generated overview

This thriving Kansas City-area BBQ restaurant, established in 1972, presents a unique opportunity for a passionate restauranteur. Boasting over $1,700,000 in annual sales and significant earnings (over $260,000 in two of the last three years), this independent concept offers substantial upside potential. The 4,500 square foot space includes a full bar with a liquor license, a large patio, and ample parking. Currently operating under a lease expiring November 14, 2024, with a monthly rent of $7,100, the restaurant is equipped with a comprehensive inventory of commercial kitchen equipment, including multiple fryers, prep tables, refrigerators, freezers, a meat slicer, a smoker, and a POS system. The sale includes the recipes, name, and concept. The current owner is retiring, creating an opportunity for a new owner to capitalize on the existing loyal customer base and explore additional revenue streams, such as expanding catering services. The restaurant's location in Shawnee, Kansas (zip code 66214) within Johnson County, provides excellent access to a large customer base. SBA lending may be available for qualified buyers. This turnkey operation is ready for a new owner to step in and continue its legacy of success. The restaurant currently employs 30 people.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1972
Total area 4,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

700 000 Overland Park, KS 66214
Overland Park metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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