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8019 Wornall Road
Property Details
Don't miss this rare opportunity to own a Waldo Institution. Turnkey operation includes both a successful business and prime Wornall Road Real Estate. Well respected operator has built a loyal clientele that delivers strong revenue growth and current cash flow. The business has multiple lines of income enhancing the liquor/beer revenue including jukebox, ATM, video games, Keno and Lottery. Current cash flow from business and building is in excess of $70,000. Opportunities abound to drive even higher revenues by adding Sunday hours and food in addition to enhanced gaming possibilities. The underutilized second floor apartment offers significant rental income upside as a short-term rental, expanded bar space or other retail use. The building is good shape with no deferred maintenance. Building value is enhanced by a 16-space parking lot and four season heated deck. Lower level provided ample space for storage and bar support equipment. Five years of detailed financials available for review with accepted offer. Current owner will assist new ownership in smooth transition of the business.
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General Features
- Business Type Bar/Tavern/Lounge
- Current Use Bar/Tavern/Lounge,Other,See Remarks
- YearBuilt 1936
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Building Features
- Utilities 220v Service,Electric to Site,Gas to Site,Sanitary Sewer,Water/Sewer
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Property Features
- Parking Features Parking Lot,Paved
Neighborhood
Market Last 30 Days In This Postal Code
Property History
Date |
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8/10/2021 2:00:00 AM |
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.