213 Broadway St Elsberry, MO 63343-1324
Exceptional opportunity to acquire Shooters Saloon, a well-established bar and restaurant in Elsberry, Missouri. Located on Broadway Street, this turnkey business boasts nearly 7,000 square feet of space, comfortably seating approximately 100 patrons. Generating nearly half a million dollars in annual revenue, this property offers a strong 17.17% cap rate and a net operating income (NOI) of $120,000. The asking price is $699,000, translating to $101.30 per square foot. Recent renovations in 2023 included updates to the restrooms, HVAC system, and roof. The sale includes all inventory, the business name and likeness, and the real estate itself. The property sits on a 3,006 square foot lot and includes 10 parking spaces. Existing staff are interested in remaining, and the current owner is willing to provide training during the transition. This single-story, Class C building presents a rare chance to own a profitable, established business with significant cash flow potential. The property is a single unit on a private ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.