Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$250,000	Inventory	$10,000**
Gross Income	$947,000	Real Estate
Cash Flow	$92,500	Year Established	1998
FF&E	$200,000*	Employees	15

* included in the asking price

** not included in the asking price

Well established business with 2 profitable concepts. Steakhouse has a great menu featuring steaks, prime rib, walleye, ribs and serves good pasta dishes. Bar opens nightly and is the college hot spot with pool and dart leagues, karaoke and live entertainment. Upstairs Bar has a separate banquet facility with its own bar for patrons to have their own party.

Facilities: 75 x 70 bar 36 x 60 2nd floor banquet room Lease: $3,000/mo includes taxes and Insurance

Competition: Very Good. Closest bar to college campus. Steakhouse has a solid business. All equipment is top notch and clean.

Growth/Expansion: Great location. Directly across the street from U of M Marshall Campus. Bar will profit from the construction of the new athletic building. Catering and banquets are good growth areas. Also, new buyer would have first option on purchasing an additional bar from owner.

Seller Financing Available: Yes

Financing: $100K down with terms acceptable to seller

Support/Training: 30 days for new owners