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This established Joplin, MO restaurant and bar is a fantastic opportunity for an owner-operator. Boasting over $1 million in annual sales, this 5,900 square foot space comfortably seats over 100 guests. Built in 2020, the property features a full bar, full alcohol license, and extensive equipment including multiple fryers, a grill, refrigerated prep tables, and a POS system. The current lease, expiring December 31, 2025, includes two five-year renewal options and a significant rent concession of $2,437 per month for a new tenant/owner, resulting in a monthly rent under $8,000. The lease rate is less than 8% of sales. The menu features classic favorites like burgers, salads, sandwiches, and wings. The business currently employs 16 people. Significant cost-saving opportunities exist in cost of goods and payroll, allowing for increased profitability. This turnkey operation is fully equipped with less than five-year-old equipment, offering a substantial cost savings compared to new construction. The property is situated in a prime location, surrounded by residential and commercial areas, ensuring a consistent customer base. Financial details, including a cash flow of $16,884, are available upon request with proof of funds and a confidentiality agreement. The seller is motivated and open to either continuing the current franchised concept or allowing a rebranding.
Highlights
Gross Revenue: $1,042,288
Cash Flow: $16,884
Extensive kitchen equipment including seven gas fryers, prep tables, sinks, refrigeration, and other essential commercial appliances. Also includes bar equipment, seating for over 100, POS system, security system, and exterior signage.
Seller support provided for two weeks.
Sale due to other business interests.
Strong competition, but benefits from established brand recognition. Family-friendly atmosphere with a full bar.
Property Details
for 0 Joplin Mo Restaurant And Bar For Sale Doing $1Million In Sales
Property type
Other retail properties, Restaurants
Square Feet
5,900 SF
Year Built
2020
Location Insight
City
Joplin
County
Jasper
State
Missouri
Latitude
37.1034245
Longitude
-94.5418141
Joplin Mo Restaurant And Bar For Sale Doing $1Million In Sales, Joplin, Missouri
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Joplin Mo Restaurant And Bar For Sale Doing $1Million In Sales, Joplin, Missouri, 64801
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
0 Joplin Mo Restaurant And Bar For Sale Doing $1Million In Sales