Remarks

Turn-key opportunity to own a thriving small-town restaurant, bar & live music venue in Tescott, KS! Opening in May of 2022 & currently operated as "The Lumberyard" under current ownership, this establishment has served as the sole longstanding staple of the Tescott community for 20+ years under multiple previous ownerships & trade names. The restaurant was moved from its previous location just 2 buildings to the south to its current location at 100 N Main St in 2014. Currently open for business 7 days a week, The Lumberyard has grossed an average of $456,000 in sales annually since opening in May of 2022. The Lumberyard serves local patrons daily, as well as substantial draw from Salina & surrounding communities on the weekends. The Lumberyard also holds an off-premises malt beverage license for the sale of packaged to-go beer for additional consistent revenue. The property features a spacious outdoor covered venue area complete with stage, and concrete dance floor that was just poured spring of 2024. The outdoor area additionally offers ample seating, ceiling fans, propane heaters, and glass Edison bulb string lighting. The outdoor fenced in lawn area offers ample space for outdoor games, such as corn hole & horseshoes. The building offers 2 separate dining areas. The west side serves as an inviting cafe atmosphere, featuring south & west facing picture windows offering tons of natural light. retail shelving & beverage coolers are present for the sales of sundries and convenience store items. The spacious walk-in cooler is accessible from this side and has just been updated with brand new refrigeration components and compressor. The cafe side is currently being utilized for private parties, and dining room overflow as needed. The kitchen is situated in the middle of the building, offering great workflow to efficiently service both dining rooms. All owned commercial kitchen equipment, beverage coolers, freezers, bar stools, dining room tables & chairs are to convey with purchase. LED signs, decor, and additional owned FF&E is negotiable. Complete list of owned FF&E available upon request to serious inquiries. The kitchen hood and fire suppression equipment are cleaned & inspected regularly by licensed vendors. The building is heated and cooled by 3 zoned central HVAC systems. The property offers 3 restrooms. 1 private employee restroom is accessed through the kitchen. The additional 2 restrooms are available to the public and are located in the hallway off of the south entrance. The east side of the building is home to a large bar & dining room featuring a beautiful custom built liquor shelf, beverage & keg coolers, and additional bar-back equipment. The bar seating offers room for 16 bar stools, as well as ample dining room seating. There is additional bar stool seating in the southeast corner by the pool tables. The pool tables, AMI jukebox, Emerald City gaming machines, claw machine, and ATMs are owned and operated by gaming vendors, and provide significant additional passive monthly income, with the current split to The Lumberyard averaging around $900/mo. This revenue is NOT included in the average gross sales above. The Lumberyard is currently utilizing Toast for all of their POS equipment & reporting. All POS equipment is owned & included in the sale. A comprehensive list of current food and beverage vendors, P&L statement, and financials are available upon request to vetted serious parties. This is a great opportunity for someone who has always wanted to own their own restaurant and would make an excellent fit for an aspiring owner-operator. The Lumberyard manages a Facebook business page with 5.7k current followers, which can be assumed by the new owners as well if they so desire. This establishment is an actively operating business. Please respect the management, employees & operation by scheduling a walk-through during designated showing times. One seller is a licensed real estate agent in The State of Kansas.

Details

MLS#: 648444
Price: $150,000

Style: Restaurant
Sq Ft: 4560
Year Built: 1952

County: Ottawa
Tax Fee: 4451.56