Restaurant, Steakhouse and Bar

Not Disclosed, WY

Asking Price: Annual Revenue:
$310,000 $778,813

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant, Steakhouse and Bar Broker: Joe MacGuire

Quick Facts

Asking Price: $310,000
Annual Revenue: $778,813
Net Profit: Not Disclosed
Cash Flow: $66,798
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: $200,000
Year Established: 1954
Employees: 23
BBN Listing #: 90904955
Broker Reference #: 7503-15295

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Business Overview:

Since opening in 1941, this family-owned, old fashioned, full service steakhouse and bar has earned accolades for having the best small town steaks, prime rib, sea food, ravioli and cocktails in the area along with their friendly and inviting atmosphere make this restaurant a top dining destination and gathering place for special occasions, weddings, group meetings, memorable occasions, tourists that have heard about from far and wide or just a special dinner for two.

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Property Features and Assets:

Located in a vintage 10,000 square feet two story building in a quaint rural town in Central Wyoming, located on the main street / highway with plenty of parking. The building has been well maintained and progressively updated through the years. Assets= $332,000

Market Competition and Expansion:

No competition in the local area, this is the only full service steak house in the area. The main focus is on high quality food and cocktails in a wonderful western atmosphere - a great place to enjoy dinner! Good potential for growth through increased advertising, catering, expanded hours of operations and Internet sales of famous special products such as Super Secret Recipe Salad Dressing. Yeah, you gotta buy the business to get that one.

Reason for Selling:

Owners are ready 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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