Totally Remodeled Bar & Grill

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Listing ID: C-1433358
Asking Price: 205,000
Revenue: $240,000
Cash Flow: UNDISCLOSED
Seller Financing: Possible Terms
FF&E: $50,000
Real Estate: $150,000 *
Inventory: $7,500
* Indicates this value is included in the asking price. 
Agent: Jerry Vlaminck, Broker
Email: jerry@hscbrokers.com
Phone: 6123637456
This is a confidential listing, please complete our NDA form to obtain full information about this listing.

Business Overview:

Totally remodeled Bar & Grill 30 miles west of the Twin Cities.
Includes 2 nice apartments that bring in $1300/month in additional revenue.
Property has been remodeled from top to bottom, including new bar, flooring, siding, and new kitchen equipment.
Set up for weekend entertainment/ DJ~ Dance Floor ~ Karoake
Full liquor license
Pull Tabs


Reason for Selling:

Health reasons

Facilities:

4200 sq ft Banquet room/Party room with private bar

Market Outlook / Competition:

Lot's of opportunities for growth and expansion. The food business is strong. Weekend Entertainment is a good growth area with bands, DJ's, Karaoke.
There is a Banquet Room which holds 60 and is booked every weekend.
Sundays the bar is closed except for private parties, but a new owner could open on Sundays or even increase weekday hour.
Only one other bar in town.
This is the only establishment that serves food at night.

Additional Details: