Established Kansas Bar & Grill with Loyal Clientele Base

Asking Price$185,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$398,743

Inventory$7,800
Included in asking price
FF&E$65,000
Included in asking price
Real Estate$120,000
Included in asking price
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Established Kansas Bar & Grill with Loyal Clientele Base


Asking Price$185,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$398,743

Inventory$7,800
Included in asking price
FF&E$65,000
Included in asking price
Real Estate$120,000
Included in asking price

Seller Financing Available
Business Description
This establishment has been a long-standing staple of the Tescott, KS community for 20+ years, under various names and ownership. It was obtained by current ownership in late 2021, and re-opened as "The Lumberyard" in May of 2022, as a play on the building's original use. The outdoor covered venue complete with outdoor stage and concrete dance floor was what housed the original lumberyard. The Lumberyard currently operates 7 days a week, serving both our local community, and drawing patrons regularly from surrounding areas within a 50+ mile radius on the weekends who come out for our food and drink specials through social media marketing. Patrons frequently rave about the atmosphere that we encompass here. We serve as host to many national touring acts and bands, and are selected as a frequent stop for various poker runs and motorcyclist groups. The building features 2 spacious dining areas. The west side serving as more of a cafe atmosphere, with large picture windows along the southeast facing walls. The east side features the full service bar, and additional dining area, complete with keg cooler with 8 taps, beer coolers, bar back cooler, and liquor shelves. The kitchen is centrally located, featuring commercial oven, range, refrigerated prep table, fryers, freezers, refrigeration, employee bathroom, and large dishwashing area. The walk-in cooler has brand new refrigeration unit that was installed less than a year ago. All owned commercial restaurant equipment, dining room chairs, tables, and barstools are included in the sales price. Decor, LED signs and neons are not included, but are all available for purchase. This establishment would be an exceptional opportunity for an aspiring owner-operator with a passion to run a restaurant. Within close proximity to Salina (30 mins) just minutes north of I-70, and right off of K-18 Highway, the closest competing full service bar & grill is 14+ miles away. Tescott is a thriving small town. Tescott is home to a K-12 school, and is a frequent host for large track meets and additional sporting events, which always result in an influx of patrons. Tescott hosts a spring and fall Vintage Festival, which also has a positive economic impact on our establishment. Keeping this open for the community is important to us, and we want to see it go to someone who plans on doing the same. Updated profit and loss available to serious inquiries upon request. One seller is a licensed real estate agent in the state of Kansas.
About the Business
Years in Operation
3
Facilities & Assets
The Lumberyard is a turnkey, fully operational bar & grill in a prime small town location, located right off of K-18 Highway. We are the only full service bar within a 15 mile radius. Real estate & all owned equipment is included, on a large corner lot with ample on-street parking, and large 4,500 square foot outdoor covered venue complete with stage and dance floor. Dedicated storage, walk-in-cooler with brand new refrigeration unit. Two dining areas, one currently serving as private party space. Drawing patrons from a 50+ mile radius regularly.
Market Outlook / Competition
This establishment has been a long-standing staple in the Tescott community, open consecutively for 20+ years in 2 different locations (previously just a couple doors to the south) under different names and ownership, with the exception of a short hiatus through COVID. We currently operate 7 days a week. Serving the local community, and drawing patrons in from a 50+ mile radius on the weekends. We are host to lots of live music, and a frequent stop for motorcyclists and poker runs.
Opportunities for Growth
Our building has a ton of growth opportunity, as we currently only utilize the bar/ dining area full time. The cafe side is currently used only for private events, or weekend overflow as needed. The outdoor covered area was the original "lumberyard" which now serves as our live music venue, complete with stage and dance floor. We are not owner operators, and pay our staff a premium to help with keeping good help around. This establishment would be a prime opportunity for an owner operator to make a very comfortable living.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,700
About the Sale
Seller Motivation
We are looking to simplify our local commitments to travel.
Transition Support
We are willing to help facilitate a smooth transition of ownership through training, licensing, point of sale, and vendor introductions.
Financing Options
Lease-to-Own
Listing Info
ID
2400716
Listing Views
833
Attached DocumentsAttachment Disclaimer

SalesSummary_2024-01-01_2024-12-31.xlsx

Business Location

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Business Listed by: Ben Belshe

Listing ID: 2400716 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.