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Business For Sale

Sellers are practically giving this Bar/Grill away

Montevideo, MN, USA

Food & Beverage: Bars, Clubs, Nightspots

Owner Financing is Available
$30K down and you're in business
Asking Price:
Year Established:
Employees:
Listing Number:
$80,000
1998
10
291715588
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$400,000
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

SALES ARE UP, THE PRICE IS DOWN....Waaaay DOWN, for just $30K down you are your own boss. Original list price of $295K and it was a bargain at that price. Well established hot spot in downtown business district. Great burgers, sandwiches, and weekly entertainment. Dart and pool leagues add considerable revenue. Bar and Grill has option to rent out upstairs banquet center/hotel rooms to provide one stop wedding shopping weekend revenues in $12,000 - $20,000 range not uncommon.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

4,500 square feet. Lease: $2,372 per month includes taxes and CAM. 2 year option on lease.

Market Competition and Expansion:

Continue to develop wedding/banquet business. 12 rooms available in upper floors of same building. Continue to build weekly entertainment following. One of a few banquet/wedding facilities in the area.

Reason for Selling:

Other business obligations

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Sellers are practically giving this Bar/Grill away
Business Listed By:
Jerry Vlaminck
Hospitality Services Corp
contact the seller
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