Successful Casual Restaurant, Wine Bar and Pub

Not Disclosed, MT
Lewis and Clark County

Asking Price: Annual Revenue:
$885,000 $1,277,710

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Successful Casual Restaurant, Wine Bar and Pub Broker: John H. Maslanik

Quick Facts

Asking Price: $885,000
Annual Revenue: $1,277,710
Net Profit: Not Disclosed
Cash Flow: $181,586
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 47
BBN Listing #: 38904955
Broker Reference #: 7602-15262

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Business Overview:

This successful Saloon and Grill has been a local Landmark Eatery for decades. Its history, charm and atmosphere have come to define Downtown Helena. Many of the furnishings and antiques in the restaurant, collected over the years, are mementos of the city's storied past. The contemporary menu has offerings that have evolved over the years to include many classic dishes that keep customers coming back, as well as new selections for new friends. The Beer Tap selection is the largest in Helena supporting many fine local breweries. There is a classic Sommelier's Wine Bar with great wines from around the world, wonderful appetizers, tapas and exquisite desserts. Lastly, for sports spectators, the restaurant offers Bleachers, a modern, totally equipped Pub that has become a destination for viewing popular sporting events with friends.

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Property Features and Assets:

The business occupies a city-center, two story building of about 10,000 square feet with a corner entrance on the main street of Historic Downtown. The premises feature main-floor dining, 2nd-floor Bleachers Sports Pub and outside patio dining where you can sit back and relax with friends and watch the world go by. It also features a full half block of parking in the rear. The space has been remodeled several times in the past including upgraded electrical, plumbing, cooling, awnings, windows and woodwork. Furnishings are up-to-date and in excellent condition. Assets=-$689,420.

Market Competition and Expansion:

Over the years, the business has tried most marketing strategies and each one has added to the success of the business in one way or another. During the legislative session the restaurant sees many political and private events. It has a gift card program with Costco that is popular and builds repeat customers. Word of mouth, social media and the internet attract locals, tourists and business travelers. Helena is becoming a regional center for dining and entertainment and attracting people from rural areas. In addition, more people are moving into the city center and want better cuisine than was offered in the past. Local entrepreneurs are meeting the increased demand, as establishments position themselves, sometimes with new ownership. This energy is creating a dynamic, vibrant atmosphere for experimentation. An experienced restaurateur will see the potential for growth after a brief tour of Downtown Helena. Recently a national accounting firm established their offices less than a block away from the business. Being the state capital, Helena naturally attracts federal and state government personnel and business travelers. But there's solid growth in the tourist trade as people learn more about the cultural offerings in Helena and stay at the nearby hotels.

Reason for Selling:

The owner would like to retire.

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.

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