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Club/Sports Bar/Restaurant

Bemidji, Minnesota (Beltrami County)

Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price $460,000 Inventory $12,000** 
Gross Income Not Disclosed Real Estate $500,000* 
Cash Flow $60,000 Year Established 2008
FF&E $150,000* Employees 2ft/8pt

* included in the asking price

** not included in the asking price

Beautiful Historic Train Station that has been totally renovated. Located in beautiful downtown Bemidji across the street from Lake Bemidji and the city park, this business is perfect for an owner/ operator! New owners have other businesses and need to downsize! Sellers will carry a Contract for Deed with $75K down. $130,000 recently spent over the past year to upgrade equipment includes: Brand new walk in Beer Cooler All new Kitchen Equipment including a Blodgett Pizza oven New D.J. sound and light Equipment New Eclipse POS system New furniture including barstools. Outdoor Bandshell. Call Listing agent for gross revenue figures.

Facilities: 6,720 sq ft + 3,000 sq ft basement on .70 acre Includes real estate

Competition: Bemidji is a wonderful town that is constantly growing and developing! The college attracts many young students. This establishment is very well established and has operated for many years as a successful business! It was once called the Union Station and was very successful, featuring fine dining and summer concerts! Brand new event center for city being built 1 mile away City Park across the street has many summer events! Large Municipal parking lot across street for free parking

Growth/Expansion: Their beautiful outdoor patio is the only one in downtown Bemidji. Business can handle banquets, weddings, outdoor music events and corporate parties. Being the college town that it is, an aggressive promotion and marketing push to include business as a hot nightclub scene would increase revenues considerably.

Seller Financing Available: Yes

Financing: Cash make offer, terms $75K down

Support/Training: 10 days for new owners

Reason Selling: Downsizing

Business For Sale By

Steve Swenson

763-972-9077

Hospitality Services Corp.

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