000 In Sales!! Lawrence, KS 66044
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 000 In Sales!!
- Year built
- 2012
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established bar and grill, operating successfully since 2012 in Lawrence, Kansas, presents a rare opportunity for ownership. Boasting impressive annual sales of $1,900,000 in 2023 and $1,700,000 in 2022, this business generated a $167,000 owner benefit in 2022. The asking price is $350,000. The property is currently leased with a monthly rent of $9200. The spacious establishment features indoor seating for 110 patrons, complemented by a large outdoor patio. A fully equipped kitchen, including two kitchens (one for catering and delivery), ensures efficient operation. Extensive equipment is included, ranging from multiple prep tables and cooking equipment to a POS system with multiple monitors and printers. The business benefits from a loyal customer base within a 5-mile radius, situated in a vibrant, walkable neighborhood with high foot traffic. The sale includes a liquor license, 58 employees (with seller-provided training), and a well-established reputation as a community favorite. The current owner is retiring, presenting a unique chance for an entrepreneur to acquire a thriving, turnkey operation with significant growth potential through catering services. The business is not a franchise and is being sold as an asset sale. SBA lending options are available for qualified buyers.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawrence
- County
- Douglas
- State
- Kansas
- Longitude
- -95.2325
- Latitude
- 38.973
