/ Liquor License Earning $107K, Kansas City, MO 64116
- Retail properties & Spaces
- 2,600 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 / Liquor License Earning $107K
- Year built
- 1931
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional turn-key Italian restaurant in North Kansas City, Missouri, presents a rare opportunity for ownership. Established in 1931, this legacy business boasts a 2,600 square foot space and a full liquor license, generating over $107,000 in annual owner profit from $412,711 in gross sales. The restaurant comfortably seats 62 guests inside, with additional seating on a two-tier outdoor patio adjacent to a mini-golf course. The current owner, retiring after years of success, is offering two weeks of training to ensure a smooth transition. The asking price is $135,000, with owner financing available at 10% down. Monthly rent is $2,800, inclusive of CAMs, with the lease expiring May 5, 2023. The sale includes all equipment, from a full commercial kitchen (including a gas char broiler, six-burner range, and ample refrigeration) to seating, barware, and even a 100-year-old piano. Eight experienced employees are currently in place. The restaurant's strong reputation draws customers from across the Kansas City area and beyond, presenting significant growth potential through catering, social media marketing, and the expansion of sauce and dressing sales. This is a truly remarkable opportunity for an ambitious entrepreneur to acquire a profitable, established business with significant upside.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Clay
- State
- Missouri
- Longitude
- -94.5728
- Latitude
- 39.1585
