Kansas City Italian Restaurant For Sale With $4.2 Million In Sales!! Kansas City, MO 64116
- Retail properties
- 9,976 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Kansas City Italian Restaurant For Sale With $4.2 Million In Sales!!
- Year built
- 1954
- Property size
- 9,976 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Kansas City Italian restaurant presents a remarkable investment opportunity. Boasting impressive annual sales exceeding $4.2 million and a net profit of over $1 million, this established business offers significant earning potential. The restaurant operates within a 9,976-square-foot space, built in 1954, and benefits from a long-term lease expiring August 7, 2029, with potential for lease-to-own. The current owner is retiring, presenting a unique chance to acquire a well-established concept with a loyal customer base within a 5-mile radius. The sale includes all equipment, including a comprehensive inventory of commercial kitchen appliances (Hobart meat slicer, Pro cut prep machine, Avantco mixer, Dean fryers, Garland flat top, Southbend stove, extensive refrigeration, numerous prep tables, steam tables, ovens, and more), dining room furniture (banquet chairs, tables, booths), and a POS system with multiple terminals and printers. The restaurant also holds a full liquor license and bar, adding another revenue stream. With minimal advertising spend ($1,568 in 2023), significant growth potential exists through expanding catering services. Financing options may be available for qualified buyers. The lease-to-own real estate component is priced at $2,200,000, with terms negotiable. This turnkey operation requires a buyer to qualify for both the business and real estate acquisition. The seller offers two weeks of support for a smooth transition. This is a rare opportunity to own a highly profitable, well-regarded restaurant in a prime Kansas City location. The asking price for the business is $3,600,000.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Clay
- State
- Missouri
- Longitude
- -94.5728
- Latitude
- 39.1585