Business for Sale Overview:
Well established business with 2 profitable concepts. Steakhouse has a great menu featuring steaks, prime rib, walleye, ribs and serves good pasta dishes. Pappy’s Bar opens nightly and is the college hot spot with pool and dart leagues, karaoke and live entertainment. Upstairs Bar has a separate banquet facility with its own bar for patrons to have their own party.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
40x42 Steakhouse, 30x36 Kitchen.
75’ x 70’ Bar side 36’ x 60’, 2nd floor banquet room.
Lease: $3,000 per month includes Taxes and Insurance.
Market Competition and Expansion:
Great location. Directly across the street from
U of M Marshall Campus. Business will profit from the construction of the new athletic building. Catering and banquets are good growth areas. Also, new buyer would have first option on purchasing an additional bar from owner.
Reason for Selling:
Relocating
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.