Saturday, March 15, 2025

For Sale - #mcre1 785.383.9994

 Own a Piece of Topeka’s Culinary Legacy: Little Russia Chili Parlor Awaits You!

Imagine stepping into a thriving business with over 118 years of history, a loyal following, and untapped potential just waiting for your vision. Welcome to Little Russia Chili Parlor, located at 508 NE Sardou in Topeka, Kansas—a beloved eatery specializing in hearty chili, mouthwatering sandwiches, and signature pickles, delivering a classic dining experience that keeps customers coming back.

Why This Opportunity Stands Out:

  • Proven Success: With just 20 hours a week (Tuesday-Saturday, 11 AM-3 PM), this gem grossed $102,711 in 2024 across 45 weeks. That’s impressive revenue from limited hours—imagine what full-time could do!
  • Rock-Solid Foundation: Built on 2 years as LRCP, 74 years as Probusky’s Deli, and 40 years prior as a corner market, this isn’t just a business—it’s a Topeka institution with a loyal clientele who’ve made it their go-to spot for generations.
  • Turnkey & Upgraded: Recent capital improvements—like a new walk-in cooler compressor, a remodeled upper dining room, and plumbing fixes—mean you’re walking into a business ready to run, not a fixer-upper.
  • Smart Finances: Operating costs are lean and mean—labor at $45,983 over 44 weeks, food and liquor at 41% of sales, and a modest $4,200 marketing budget that’s already working wonders on Facebook and local ads. Utilities? Predictable and manageable, averaging just over $820/month total.

The Growth Potential Is Calling: This isn’t just a business you maintain—it’s one you can grow. Expand hours to capture breakfast or dinner crowds. Turn the bar area into a hotspot for events or themed nights. Add new menu items to draw in fresh faces. Launch catering for local events or boost your online game with delivery platforms and social media. The possibilities are endless, and the foundation is already here.

Why Now? Little Russia Chili Parlor is a rare find—a profitable, established eatery with deep community roots and a clear path to bigger things. Whether you’re a passionate food entrepreneur or a savvy investor, this is your chance to own a business that’s already winning and poised for more. Topeka’s market is ready, and this parlor is your ticket to success.

Let’s talk—because opportunities like this don’t sit on the table for long. Little Russia Chili Parlor isn’t just a business; it’s your next big move.

Let’s break down and analyze the growth potential for Little Russia Chili Parlor based on the information provided: focusing on the five opportunities listed: expanding operating hours, utilizing the bar area for events, introducing new menu items, exploring catering services, and enhancing online presence. I’ll evaluate each for feasibility, potential impact, and considerations, while keeping it grounded in the current business context.

 

1. Expand Operating Hours

  • Current State: Open 11:00 AM - 3:00 PM, Tuesday to Saturday, for 45 weeks in 2024, generating $102,711 in gross sales. That’s roughly 20 hours per week, or 900 hours annually (20 hours x 45 weeks).
  • Potential Impact: Extending hours—say, to 11:00 AM - 6:00 PM (adding 3 hours daily)—would increase operating time by 15 hours per week, a 75% jump to 35 hours weekly or 1,575 hours annually. If sales scale proportionally with hours (a simplification), revenue could rise to ~$179,744 annually ($102,711 ÷ 900 x 1,575). Even a more conservative estimate, accounting for slower evening traffic, could push sales to $130,000-$150,000.
  • Feasibility: Manageable, but labor costs ($45,983 for 44 weeks, or $1,045/week) would increase—potentially by 50-75% ($1,570-$1,828/week) unless optimized with part-time staff. Utilities and food costs (41% of sales) would also rise, though economies of scale might offset some food cost increases.
  • Considerations: Demand for evening service in Topeka’s Little Russia neighborhood is key. Are locals craving chili and sandwiches post-3:00 PM? A trial period (e.g., Thursdays-Saturdays until 6:00 PM) could test this without overcommitting resources.

2. Utilize the Bar Area for Events and Theme Nights

  • Current State: Bar area exists but isn’t highlighted as a revenue driver in the $102,711 sales figure, suggesting underutilization.
  • Potential Impact: Hosting events (trivia, live music, chili cook-offs) or theme nights (e.g., “Pickle Pairing Nights”) could draw crowds beyond the lunch rush. If 10 events/year average $1,000 in additional sales each (drinks, food, cover charges), that’s $10,000 added revenue. Higher frequency or ticketed events could push this to $20,000+ annually.
  • Feasibility: Low startup cost—leveraging existing space and liquor inventory. Marketing ($4,200 budget) could shift to promote events via Facebook, though additional staff (e.g., bartender) might bump labor costs slightly.
  • Considerations: Licensing for events (alcohol, noise) and local competition matter. Topeka’s demographic—working-class, possibly older due to 118-year history—suggests simple, nostalgic events might resonate over trendy ones.

3. Introduce New Menu Items

  • Current State: Chili, sandwiches, and pickles anchor the menu, with food costs at 41% of sales (~$42,111 of $102,711).
  • Potential Impact: Adding complementary items (e.g., soups, salads, or desserts like a signature pickle pie) could boost average ticket size. If 20% of customers spend an extra $3 per visit, and assuming ~17,000 transactions annually ($102,711 ÷ ~$6 average check), that’s $10,200 more revenue. Novelty items could also spark buzz.
  • Feasibility: Kitchen capacity (post-compressor upgrade) likely supports this. Food costs might rise slightly (new ingredients), but staying within 41% is achievable with smart sourcing.
  • Considerations: Stick to the parlor’s identity—don’t stray too far from comfort food. Customer feedback (surveys at checkout) could guide choices to avoid flops.

4. Explore Catering Services

  • Current State: Lunch-focused, no mention of catering, but 118-year community ties suggest local trust.
  • Potential Impact: Topeka’s event scene (weddings, office lunches, church gatherings) could yield 20 catering jobs/year at $500 each, adding $10,000. Larger events or contracts (e.g., schools) could double that. Chili’s portability is a plus.
  • Feasibility: Minimal upfront cost—use existing recipes and equipment. Delivery might need a vehicle or partnership (e.g., DoorDash for small orders). Labor could stretch thin unless timed outside peak hours.
  • Considerations: Marketing to local businesses and event planners is key. A catering menu (bulk chili, sandwich platters) and competitive pricing could tap unmet demand.

5. Enhance Online Presence

  • Current State: $4,200 marketing budget leans on Facebook and local publications; no mention of a website or delivery platforms.
  • Potential Impact: Joining platforms like DoorDash or Uber Eats could capture younger or busy customers. If 10% of sales shift online with a 20% sales bump (industry avg for delivery adoption), that’s $20,000 added revenue. A basic website and Instagram could amplify this with minimal cost ($500-$1,000/year).
  • Feasibility: Easy to implement—delivery platforms handle logistics, though they take 15-30% per order. Social media expansion fits within the current budget if reallocated from print ads.
  • Considerations: Delivery fees could squeeze margins (41% food cost + platform cut). Focus on high-margin items (pickles, drinks) for online orders. Online reviews will matter—118 years of goodwill must translate digitally.

Overall Assessment

  • Revenue Potential: Combining conservative estimates—$30,000 (hours) + $10,000 (events) + $10,000 (menu) + $10,000 (catering) + $15,000 (online)—could push annual sales to $167,711, a 63% increase. Aggressive execution might near $200,000.
  • Cost Implications: Labor could rise to $70,000-$80,000, food costs to $65,000-$80,000 (at 41%), and utilities/marketing by $2,000-$5,000 total. Net profit depends on current margins (not provided), but growth could outpace costs if staged smartly.
  • Best Bets: Start with expanded hours (test evenings) and online presence (delivery + social media)—highest ROI with moderate risk. Events and catering next, as they leverage existing assets. New menu items last, to refine based on customer input.

Final Thoughts

Little Russia Chili Parlor’s growth hinges on balancing its nostalgic charm with modern convenience. Topeka’s market—small, community-driven—supports gradual expansion over radical shifts. A phased approach (hours + online first) could fund later investments (events, catering). Want me to dig deeper into any of these or run numbers on a specific scenario?