Property summary
This thriving Kansas City bar and grill is offered for sale at $175,000. Boasting 3,440 square feet of space, this established business generated nearly $700,000 in sales. The property is located in Clay County, Missouri, zip code 64118, and features a full liquor license, a significant asset for continued success. The lease is a NNN agreement expiring July 30, 2025, with a monthly rent of $5,300, inclusive of CAMs, taxes, and insurance. Built in 2018, the restaurant is fully equipped with a comprehensive kitchen featuring a variety of commercial-grade appliances, including fryers, ovens, prep tables, refrigerators, freezers, and a POS system. The bar area is well-stocked with ample refrigeration for beer storage. The dining area comfortably seats 120 patrons, with a mix of booths, tables, and bar seating, supplemented by outdoor patio seating. Eleven 51-inch TVs cater to sports enthusiasts. A significant advantage is the construction of a 150-unit apartment complex adjacent to the property, promising increased foot traffic and potential customer growth. The current owner is retiring, presenting a unique opportunity for an energetic entrepreneur to acquire a well-established business with substantial sales history and significant growth potential. While traditional SBA financing is unavailable, unsecured lending options may be available for qualified buyers. The property includes a security system and a safe. This is a turnkey operation ready for immediate ownership.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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