| Asking Price |
$125,000 | Inventory |
$10,000* |
|---|---|---|---|
| Gross Income |
$180,000 | Real Estate |
$100,000* |
| Cash Flow |
$40,000 | Year Established | 1984 |
| FF&E |
$75,000* | Employees | 10 pt |
* included in the asking price
** not included in the asking price
Reduced $70,000 Beautiful steakhouse with catering facilities located between large cities in MN. 2 separate dining areas for private parties and banquets. Nice lounge bar area with full liquor and off sale. Also, includes a 2 BR apt over one of the dining rooms. Has full kitchen and separate catering kitchen with all equipment. Separate game room with pool and darts.
Facilities: 5,200 sq ft on City lot 70 x 100 2nd floor apt. rented for $200 per month Full kitchen dining /bar ,Game room and banquet facilities
Competition: Only one other bar in town with minimum food sales.
Growth/Expansion: Catering sales have lots of upside potential. Additionally pull tabs could be added to drive bar sales. Presently 70% food and 30% liquor sales.
Financing: $60,000 down contract for deed
Support/Training: 30 days for new owners
Reason Selling: Retirement

Jerry Vlaminck
763-972-9077
Hospitality Services Corp.
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