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Property profile & analytics
FOR SALE
Turn key restaurants

1220 E 15Th St Joplin, MO 64804

2,960 SF 0.32 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
Property ID
US48-0406933
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving, well-established barbecue restaurant in the heart of Joplin, Missouri. The 2,960 square foot restaurant is renowned for its authentic hickory-smoked meats, famous homemade pies, and commitment to using fresh, scratch-made ingredients, including daily baked rolls. This turnkey operation includes all real estate, furniture, fixtures, and equipment (FF&E), along with valuable proprietary recipes. The sale also encompasses a mobile smoker unit and a catering van, providing significant additional revenue streams. Extensive training is available for the new owner, ensuring a smooth transition. The business already benefits from a robust catering schedule with numerous events booked well into the future. An attractive, changeable LED sign enhances visibility and attracts customers. While the property itself sits on zero acres, additional parking is conveniently located on leased land across the street. The restaurant also features a fully operational bar serving beer, wine, and liquor. This is a rare chance to own a profitable, iconic Joplin establishment with a proven track record and significant growth potential. The asking price is $650,000. Further financial details are available upon request.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 2,960 SF
Lot 0.32 ac (13,939 SF)
APN 19-1.0-11-40-17-1.001
UPID US48-0406933
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
Current use
Occupant on record · Public records
  • Big R's BBQ Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Thermopylae LLC · 5 yrs held
Thermopylae LLC
since 2021
4 recorded transactions
2021
Price N/A
2018
Price N/A
2012
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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