| Asking Price |
$239,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
278,000.00** |
| Cash Flow |
Not Disclosed | Year Established | 1991 |
| FF&E |
N/A | Employees | 30 |
* included in the asking price
** not included in the asking price
Supreme location on the banks of the Missouri River with a captivating casual atmosphere, large out-door deck with river view; loyal, returning customer base with strong tourist trade featuring homemade menu items including a signature plate dinner menu.
Attachments: Download additional information (PDF)
Facilities: Operates under lease in a 3,362 SF building, with a main dining area of 2,611 SF, 2 porches of 751 SF having a seating capacity for 210 persons. Ample parking is available. The Business has a 60/40 liquor license which is renewable on a yearly basis.
Competition: Unique location in an historical building on the banks of the Missouri Rivier with an extensive menu featuring soups, salads, sandwiches, pastas, seafood, steaks & its signature plates dinner menu draws tourists and locales & provides the business with a loyal returning customer base & customer referrals. Its location with open views, set apart from residential homes and condos, distinguishes the Business from the only other full-service restaurant located on the Missiouri River.
Growth/Expansion: Expand the deck space to provide more outdoor seating. Build a dock, allowing 8-10 boats. Boaters could call ahead for to-go items or dock their boats and enjoy food and beverage in the restaurant/bar. Increase catering opportunities. Operate as a seasonal business, opening in April and closing at the end of September or October, weather permitting. Promote off-season parties (events for 25 or more people); Continue to book new music entertainment.
Support/Training: To guarantee a seamless transition, the Owner is willing to stay on with the Business for 2 months, after which time the Owner would consider a consulting contract if requested by the new Owner(s). The Owner is also willing to sign a non-compete clause.

Steve Ilse
701-226-7734
Aspen Group Real Estate
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