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OFF-MARKET
Retail properties & Spaces

0 Turnkey Restaurant & Bar For Sale With Liquor License!! Lenexa, KS 66215

2,400 SF Built 2019
Property ID
Property summary
AI-generated overview

This turnkey restaurant and bar in Lenexa, Kansas is a fantastic opportunity for a new owner. Located on a high-traffic street in Johnson County, this 2,400 square-foot establishment boasts a prime location with ample parking. The asking price is $149,000, significantly below market value for a build-out. The current lease is a NNN lease expiring August 30, 2026, with a monthly rent of $3,800. The business currently operates Thursday through Sunday, from noon to 8 pm, but hours are easily adjustable. The fully equipped commercial kitchen includes a 15-foot hood, multiple refrigerators and freezers, a 10-burner range, and various other appliances (a full list is available). All recipes are transferable, allowing for a seamless transition to a new concept or continuation of the existing ethnic cuisine. The sale includes a valuable full liquor license, permitting the sale of beer, wine, and spirits. The business comes with a substantial amount of existing equipment, including multiple refrigerators, freezers, ovens, a POS system, bar seating, tables and chairs, and even a pool table. The seller is motivated and ready for a quick sale. This is an exceptional opportunity to acquire a profitable, established business in a desirable location with minimal upfront investment. The business has a loyal customer base within a five-mile radius and is situated near a busy shopping center. The current annual gross revenue is $100,000. The sale does not include inventory. Seller financing is not available.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2019
Total area 2,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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