Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!! Kansas City, MO 64111
- Retail properties
- 6,181 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Classic Kc Restaurant For Sale - $2.5M In Sales & $192K Owner Earnings!!!
- Year built
- 2004
- Property size
- 6,181 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Kansas City restaurant, built in 2004, presents a unique opportunity for ownership. Boasting over 6,181 square feet of space, the property includes a main dining area, multiple private dining rooms, and outdoor seating. The restaurant has consistently generated over $2.5 million in annual sales, with owner earnings exceeding $192,000 annually over the past three years (2021-2023, with $144,000 in 2023). The asking price is $650,000, representing a price per square foot of $105.16. The current lease is a NNN agreement expiring February 27, 2026, with options extending to 2033. Monthly rent is slightly over $14,000. The sale includes all equipment, fixtures, and inventory, as detailed in the attached list. This includes extensive kitchen equipment, a full bar setup, and ample seating for over 200 patrons. The restaurant benefits from a loyal customer base and a prime location in a competitive market. The current owner is retiring, creating this exceptional opportunity for a new owner to capitalize on the existing success and further expand the business, particularly through catering and increased private event bookings. The business is an independent concept, eliminating royalty, ad fund, and transfer fees. SBA financing may be available to qualified buyers. This is a rare opportunity to acquire a well-established, high-volume restaurant in a desirable Kansas City location.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5986
- Latitude
- 39.0587