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Practically giving this business away

Montevideo, Minnesota (Chippewa County)

Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price $80,000 Inventory $10,000** 
Gross Income $350,000 Real Estate  
Cash Flow Not Disclosed Year Established 1998
FF&E $85,000* Employees 2ft/8pt

* included in the asking price

** not included in the asking price

SALES ARE UP, THE PRICE IS DOWN....Waaaay DOWN, for just $30K down you are your own boss. Well established hot spot in downtown business district. Great burgers, sandwiches, weekly entertainment. Dar and pool leagues add considerable revenue. Bar and Grill has option to rent out upstairs banquet center/hotel rooms to provide one stop wedding/shopping weekend revenues in $12K - $20K range not uncommon.

Facilities: 4,500 sq ft

Competition: Continue to develop wedding/banquet business. Continue to build weekly entertainment following. 12 rooms available in upper floors of same building

Growth/Expansion: Continue to develop wedding/banquet business. Continue to build weekly entertainment following.

Seller Financing Available: Yes

Financing: $80K with $30K Down

Support/Training: 2 - 4 weeks for new owners

Reason Selling: Other business obligations

Business For Sale By

Jerry Vlaminck

763-972-9077

Hospitality Services Corp.

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