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Business For Sale

Well Established Restauant-Bar

Confidential, NE

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,700,000
$793,922
Not Disclosed
$318,966
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1997
24
320429063

Business Overview:

A terrific opportunity is found in this well-established restaurant/bar located in a classic rural community in western Nebraska. This premier steakhouse was founded by the current owner in 1997 in a prime location and it continues to successfully serve patrons from the surrounding communities as well as hungry travelers visiting the area or simply passing through. A multitude of area attractions draw over one million visitors each year. With easy access to the Interstate and quality lodging options, this is a convenient stop. Multiple hotels/motels are located within just a half-mile of this establishment. The warm and friendly atmosphere coupled with delicious food has folks returning time and time again. The menu provides customers with everything from appetizers and sandwiches to steaks, seafood, pasta, and desserts. This restaurant truly has something for every taste. Whether it is steak, brisket, ribs, or pasta, the kitchen staff has a reputation for serving it up right and cooked to perfection. The adjacent lounge offers customers alcoholic beverages for consumption on- and off-premise. The business currently holds a Nebraska Class C liquor license which allows license holders to sell beer, wine, and distilled spirits — on- and off-sale. In addition to the income generated by the restaurant/bar, the business also enjoys significant passive income via adjacent leased space in the building. On a continuing basis, the business community benefits from a strong chamber of commerce. Forbes Magazine declared Nebraska one of the ten best states for business. Nebraska was ranked 9th in quality of life. Simply speaking, living and working in this community brings with it the best aspects of living in a small town—zero commute, low cost of living, and high civic engagement—all complemented by year-round area attractions. For more information, please contact Jerry Wortman at 402-827-3190.

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.

Reason for Selling:

Family Medical Expenses

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.