Profitable Apartment Complex/Motel with Thriving Bar/Grill/Casino

Florence, MT (Ravalli County)

Seller Financing Available
Rustic Hut

Asking Price:$2,500,000

Cash Flow:$320,000

Gross Revenue:$964,538




Real Estate:$1,900,000


Profitable Apartment Complex/Motel with Thriving Bar/Grill/Casino

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Business Description

Profitable multiple profit center business in the Bitterroot Valley, Montana. This property occupies over 2 acres and has 15,000 square feet under roof producing nearly $1,000,000 in gross revenue. Enjoy managing this fast paced business and developing the potential to take it to the next level.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
The property includes an apartment building with minimal commercial occupancy in the form of a hair salon. The 6,336 square foot structure also includes several hotel rooms which are leased by the month. This profit center is situated on 1.18 acres and develops approximately $122,600. The primary cash flow comes from the 1.36 acres that fronts U.S. Highway 93 which is home to a 5,252 square foot bar and grill with two full bars, full kitchen, two apartments and a large 2000 square foot shop. The Rustic Hut Bar and Grill has been a staple of the Bitterroot Valley since 1972 and currently is one of the largest physical venues in Ravalli County and does an exceptional business due to its proximity to Missoula and the large bedroom community that has grown up around it over the past 40 years.
This is one of the largest bar and grills in Ravalli County and currently the most successful operation in the Florence market place where there is only one other competing establishment with minimal market impact. The Rustic Hut also has the added feature of having another very stable and lucrative profit center in the apartment/motel element.
Growth & Expansion:
This business was sold at one time on contract for deed. Illness forced the buyers to turn the business back to the current owners who are the second generation owners of this business. They operate it on a daily basis but the thrill of the expansion and promotion has dissipated over the years and they are motivated to move on. There are very good margins here but new blood could infuse additional energy and with it extra income. There is plenty of room for additional growth as the physical plant is exceptional in size and potential.
Possible Short Term
Support & Training:
The owners have excellent staff currently in place and training and support is negotiable.
Reason for Selling:
Business Website:

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Craig Siphers

Business Listed By:
Craig Siphers

EXIT Realty Bitterroot Valley, Inc.

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