MAEDC is proud to offer vetted investment opportunities and redevelopment projects to assist our area economy. Below are some of our current investment opportunities. All the final terms will be negotiated between the seller and the buyer. Neither MAEDC nor GrowMidMo are acting as an agent.
We have more than these available; please call our office for serious inquiries about projects that are looking for investors or new owner/operators.
Bubba's Burger Bar & Egg Emporium
Owner: Angela Taylor
Angie has owned and operated this restaurant for the past 17 years; she started in May 2001. The reason Angie wants to sell now is strictly personal. The owner’s children are out of college and she is ready for a new adventure.
Bubba’s is located at 213 N 5th Street in Moberly.
When people are hungry for a quick-service breakfast or lunch, Bubba’s provides them a quality meal. Bubba’s is an alternative to fast food.
There is also a social aspect to Bubba’s. The restaurant is setup as a diner with a U-shaped bar. If customers are on their own for lunch, they don’t have to sit by themselves to eat. Customers talk to people who sit beside them or across from them. This provides a sense of community that is otherwise lacking in some peoples’ lives. Patrons discuss world problems and current events around the bar.
Bubba’s serves a variety of customers. The main customer segments that frequent this restaurant are downtown professionals, blue-collar workers, and self-employed people. Families and small groups of friends also eat there.
Bubba’s focuses on homemade food, and sources as much food locally as possible. Most entrees are made from scratch, the employees patty the hamburgers, food is fresh instead of frozen in most cases, eggs are free-range, and bacon and sausage are made locally. The restaurant focuses on quality at a competitive price.
Regarding service, you don’t have to look around and wonder where your waitress is. She’s right there in front of you. It’s like serving food to a big family. Everyone sits close to each other and the employees prepare the food only a few feet away from the bar.
Current hours are Monday-Friday 6 a.m. to 2 p.m. and Saturdays from 7 a.m. to 2 p.m. Bubba’s accepts cash, check, and card.
Angela Taylor is the sole proprietor. She has three people work for her in this business, two are full time and one is part time. The three employees and their roles are: waitresses; and dishwashing staff, and a cook. Angela does most of the cooking. She also does catering off site.
Bubba’s is profitable and has a healthy net margin.
Angie owns the building as well. Besides Bubba’s, the building has other businesses and a rental apartment. She will sell the building and the business. The cash flow from rent from the rental apartment and the other businesses will be of great help to the new owner/operator.
The sale of the business includes inventory and all equipment. For Bubba’s and the building, Angie is asking for $200,000.
For more information, please call MAEDC.
Owner: Jerry Welch
In 1976, Jerry Welch began a small upholstery shop in the basement of his home in Hannibal, Missouri. By the mid-1980s, Welch’s Custom Upholstery outgrew its original location and moved operations to an industrial site. Continued growth led to a second relocation and a change in name that more closely mirrored expanded product offerings. In 1989, American Decor began operations in its 14,000 square foot facility in downtown Hannibal, offering custom blinds, shades and draperies as well as pipe and welded frame awnings for residential and commercial applications.
American Decor has continued to grow, transitioning from a retailer of prefabricated products to a state-of-the-art manufacturer of beautiful and affordable custom internal and external window treatments.
Jerry Welch owns the building and desires to lease it to the new owner. The sale of the business includes all equipment. For American Decor, Jerry is asking for $150,000.
GrowMidMo is not acting as an agent for this opportunity. For more information on American Decor, call Jerry at the business: (573) 221-3223.
Owner: Stephen Rupp
Moberly Cleaners is located at 124 W Reed Street. Stephen Rupp has owned the business since November 1989, that’s over 29 years. Stephen is selling the business for family reasons.
Business professionals and people with fancy attire need a place to clean their clothing, especially when the garments require dry cleaning and cannot be washed at home. They also do not want to drive for this service; customers also prefer to have this business remain local for easy access.
Most of his customers are repeat customers. They continue to bring their clothing for dry cleaning as needed. The sale is straightforward: when clothing comes through the front door, it goes on the rack to get cleaned. Customers pay with cash, check, or card when they pick up their clothing.
Moberly Cleaners provides these services:
Shirt & Pant Laundry
Leather & Fur Cleaning
Cleaning & Heirlooming of Wedding Gowns
Shoe & Boot Repair Dropoff for Albert’s
Pickup and Delivery
Moberly Cleaners leases the building at 124 W Reed Street. The landlord has indicated interest in selling the building if that helps the business sell.
Steven is the sole proprietor of Moberly Cleaners and has three (3) part-time employees. The business is open Monday-Friday 7:30 a.m. to 5:30 p.m., with summer hours 7:30-4:30.
This is a seasonal business. Sales are up in the spring and fall, and down in the summer and winter.
Moberly Cleaners is profitable and has a healthy net margin.
The sale of the business includes all equipment.
For Moberly Cleaners, Stephen Rupp is asking for $70,000.
For more information, please call MAEDC.
Other investment and redevelopment opportunities are available. Please contact our office for information; serious inquiries only, please.