HSC-Western MN premier Classic Car/Bike destination

Redwood County, MN

Seller Financing Available
HSC-Western MN premier Classic Car/Bike destination
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Asking Price: $375,000

Cash Flow: $150,000

Gross Revenue: $600,000

EBITDA: $150,000

FF&E: $90,000

Inventory: $15,000*

Real Estate: $150,000

Established: 1975

*not included in asking price.

HSC-Western MN premier Classic Car/Bike destination

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Business Description

Western Minnesota's premier Bike/classic car destination with bi-monthly rallys in the summer months that bring in 2000-3000 fun loving enthusiasts to each event. Business also has banquet/private party space that has been very popular,along with daily tavern customers that keep coming back for the great food and drink specials. Business is also sought out to do off premise catering and has a great reputation.

Detailed Information

Location:
Redwood County, MN
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
varies
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1500 sq ft main bar with additional seating for 40 in separate dining room. Also has apartment above bar for living quarters or rental income. large outdoor patio seats 100 plus with several portable bars and grills for events.
Competition:
Virtually NONE
Growth & Expansion:
The Rallys continue to grow and off premise catering is also a growth vehicle. Current owner cannot take on more catering due to health reasons. great opportunity for a couple or partnership to grow this exciting business.
Financing:
possible seller financing
Support & Training:
30 days full training to ensure a smooth transition.
Reason for Selling:
heath of owner and spouse
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Contact the Seller

(from currently available funds)
 
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Jerry Vlaminck

Business Listed By:
Jerry Vlaminck

Hospitality Services Corp.

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