A little less than two weeks after it was announced that St. Louis businessman Chris Keating was selling Sauce Magazine to STL Bucketlist, the former owner of Sauce is now suing Keating, claiming he never paid her in full for the magazine.
According to a lawsuit filed this morning by Sauce founder Allyson Mace, Keating agreed to pay her $479,000 for the business in October 2023. He paid her $99,000 up front and then entered into a promissory note for the remaining $380,000.
Keating made four subsequent payments, but then began missing payments of around $78,000 on a regular basis starting in July 2024. At the time that he sold Sauce to the Bucketlist, he still owed Mace $168,333, the suit says…