German Style Restaurant For Sale in Kansas City

Rheinland Restaurant For Sale in Revitalized Downtown

Location:  Kansas City, MO area

Listing ID: #12-155

Interested in this Business?

Asking Price

Real Estate

Gross Revenue

Cash Flow

Seller Financing Available

Furniture, Fixtures & Equipment

Inventory

Employees

Year Established

$525,000

$415,000 included

$393,952

$64,769

not at this time

$85,000 included

$5,000 included 

3 Full Time

8 Part Time

1991

Kansas City Businesses For Sale Business Broker - Patricia Tuckness

Listing Agent

Contact

(816) 799-0911

FNBC Kansas City

4228 S. Hocker Rd, Bldg #12

Independence, MO 64055 [view map]

Web  |  www.fnbckc.com

Email |  info@fnbckc.com

Fax    |  (816) 799-0891

View All FNBC Kansas City Listings

Business Description

Restaurant for sale in revitalized and busy downtown area.  The restaurant has been in business for many years and is unique to the area.  It draws regular customers from miles around.  However, a new owner might want to change the theme and menu to attract more customers.

All this plus excellent rental income too.  Six additional tenants on property mean recurring monthly revenue at low associated cost.  Upstairs is a very spacious apartment (a new owner could easily live here or rent to a key employee), plus a beauty shop, a counseling service, private office for owner of the restaurant and more.  The possibilities are nearly endless. 

Facilities

The Rheinland Restaurant is located just one block from the historic Jackson County courthouse on delightful Independence square.  The entire area has experienced an amazing revitalization in recent years, with attractive boutique and other unusual shops, movie theatre, collection of interesting restaurants and tourist attractions related to Harry Truman and the historic trails district.  The kitchen is easily adaptable to nearly any type of restaurant you might want to have.  It has been a popular German restaurant for over 20 years, but concept could be changed per your specialty and interest. 

Market Competition

Probably the best thing going for this restaurant is the amazing revitalization of the Independence Square area.   Located one block from the historic Jackson County main courthouse (think Harry Truman), you have to travel many miles to find a shopping district as distinct and varied as the surrounding area.   The German restaurant theme and menu attract diners from throughout the metro Kansas City area and beyond. 

The owners have not engaged social media nor spent more than 1% advertising budget over the past few years so there is strong opportunity for additional exposure at very little expense.    The restaurant has many paths to consider in raising its profile.  The immediate area is very strong, with a vigorous daytime population to make for a strong lunch business.  
 

Growth & Expansion

They have two dining rooms, so one could be used for parties and small gatherings, receptions and the like yet maintain normal restaurant dining capacity for regulars.    It would be very easy to offer a different menu or theme for the establishment.  You can see for yourself that it would lend itself to a variety of menus.  A new owner with knowledge of social media will be able to capitalize on that aspect of promotion.  More active participation in area chamber activities and other Independence Square promotions is bound to increase traffic and revenues.

Support & Training

Seller and manager will train in all phases of operation – meal preparation, ordering, front of house, maintenance & repair, hiring and training of staff, transfer of recipes.

Reason For Selling

The seller is looking forward to retirement.

 

Interested in this German Style Restaurant?

FNBC Corporate Office

4228 S. Hocker Dr, Bldg 12

Independence, MO 64055

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