| Asking Price |
$1,900,000 | Inventory |
$25,000** |
|---|---|---|---|
| Gross Income |
$1,050,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2005 |
| FF&E |
$300,000* | Employees | 25 |
* included in the asking price
** not included in the asking price
Newly constructed casual restaurant/ Bar in steadily growing community. Excellent visibility with nearly 37, 900 cars daily. Top level construction with professionally designed restaurant/bar in new construction development. Full Liquor, separate dining/meeting room and Bar areas. Lower level storage mechanical areas. 2 patio areas, tons of parking separate Rat Pack dining area, featuring bone-in Prime Rib, filet mignon, shrimp scampi, set in a private dining area with separate beautiful bar. .
Facilities: 5,000 sq ft, plus 1,500 sq ft basement on approx 1/2 acre with tons of parking. RE Taxes $35K/year
Competition: Very good, The Bar is one of two large restaurant operations in the area and do not compete directly with each other. Bar shows consistent increase in sales monthly.
Growth/Expansion: Expanded menu including breakfast on weekends, late night happy hours, catering, car side to go offerings. .
Financing: $550K down OR possible lease to own
Support/Training: 30 - 60 days for new owners
Reason Selling: Partnership divesting of restaurant operations

Jerry Vlaminck
763-972-9077
Hospitality Services Corp.
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