Long-time restaurant, bar, casino

Flathead County, MT

Main Bar
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Asking Price: $2,250,000

Cash Flow: $461,996

Gross Revenue: $1,020,000

EBITDA: N/A

FF&E: $173,570

Inventory: $52,227

Real Estate: $650,000*

Established: 1954

*not included in asking price.

Long-time restaurant, bar, casino

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Business Description

One of the Flathead Valley's premiere destination bar/casinos

Here is an opportunity to own not only an established, successful bar/casino, but also a decades'-long reputation as one of the valley's premiere destination bar/casinos. Founded as a one-room bar in 1954, current management has steadily added facilities and built clientele since the 1970s. The business includes a bar, casino, pool room, full kitchen, and dining area. Out back, there is a beautiful outdoor bar, putting green, patio lounge, and separate out-back parking. This has always been more of a "town hall" than simply a bar. It's a community hub -- whether for fire hall business, school board meetings, fishing-derby gathering spot, sailboat derby entertainment venue, street-dance focal point, or post-snow-skiing get together spot. Sales price includes business, FF&E, real estate, and Kalispell full-beverage liquor and gaming license.

Attached Documents


Detailed Information

Location:
Flathead County, MT
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,991
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Please complete Confidentiality and Non-Disclosure Agreement (in Documents), and return to David Stone, listing broker.
Competition:
Monopoly in high-traffic US Highway corridor. No competition for 5.5 miles to south, 7.8 miles to north, or 7 miles to the east.
Growth & Expansion:
With the legalization of statewide sports betting in spring 2019, there is tremendous untapped potential. Gone is Nevada's monopoly on sports betting, Montana joints a handful of states taking advantage of the US Supreme Court's decision to allow sports betting. In May, 2019, Gov. Steve Bullock signed into law a bill that brings sports wagering to Big Sky country via the state lottery. Sports betting is expected to go "live" at a to-be-determined date in 2019, will be overseen by the state lottery, and allowed in-person and via mobile devices.
Support & Training:
Negotiable.
Franchise:
This business is an established franchise
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Business Listed By:
David Stone

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