Business for Sale Overview:
Longtime established Restaurant with full bar, Casino, dance floor, stage, and banquet facility located in an eastern Montana town of 10,000 people. Small town with Farming, Mining, Oil field and other employment opportunities. Good wage earners are your steady customers. Location has been in business since 1938 and has seen many owners, current ownership has been from 1994. Includes Full Liquor License with Gaming (casino 20 machines possible). Buyer must qualify for license (state background check). Great building prominence and signage, however, most customers come from word of mouth adverting. They still use some of the same recipes from the 30's and are known for a great steak and a friendly bar. Live in the last best place "Montana" with great schooling, low crime and low cost living.
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:
2 buildings with approximately 8,250 square feet. Includes: Restaurant area, Bar area, Casino/Gaming Area, Kitchen area, Banquet Room, and other office etc. areas. Large parking lot on main highway. Roof Replaced in 1994. New siding and insulation in 2005. Built in the 1930's and in good overall condition but will always need some upkeep and maintenance. 4.5 acres of ground total. Good signage, however, most customers come from word of mouth advertising.
Market Competition and Expansion:
Normal competition in the market place. Facility is probably the largest in the county and has a very large banquet facility as well as dance floor and stage that the majority of the competition does not have. Currently open only for Dinner Monday to Saturday so opening for Breakfast, Lunch or 7 days a week operation could provide a large sales increase. The current owners are not able to put that much time in as they have other business commitments.
Reason for Selling:
Retire, also owns ranch and feed lot.
Additional Details:
- The property is owned.
- 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.