Established Steakhouse with Real Estate in Old Riley Township Pocky
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Financial Details
- Asking Price:
- $50,000
- Annual Revenue:
- $120,000
- Cash Flow / SDE:
- $29,500
- Profit Metric:
- Total Income
- Valuation Multiple:
- 1.7x
- Source:
- Date:
- October 08, 2025
Key Highlights
Long-standing steakhouse with 75 years of operational history.
Includes valuable real estate, offering a comprehensive business acquisition.
Owner retirement presents a prime opportunity for a new operator.
Description
This listing presents an established steakhouse with a rich history spanning 75 years, located in Old Riley Township Pocky. The business boasts a classic 'Old World Charm' and has recently undergone updates, including a new bar floor and a replaced broiler. It features a large walk-in freezer for inventory management and retains experienced employees. The sale includes the business and the real estate, making it a comprehensive opportunity. Owners are retiring, creating a chance to acquire a fully outfitted restaurant for less than the cost of starting from scratch. Special license required for liquor sales.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1940
- Employees:
- 0
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- For Sale
- Monthly Rent:
- $0 USD
Assets & Inventory
- FF&E Value:
- $145,728 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $8,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Bruce Thompson
- Company:
- First Choice Business Brokers
- Phone:
- (636) 445-5444
Listing Details
- Listing ID:
- 03601b83-4acd-4537-8130-1925868bcddf
- Source Listing ID:
- 24699
- Deal Status:
- For Sale
- Last Updated:
- October 08, 2025
- Currency:
- USD
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