Profitable Bar, Grill Casino

Florence, MT (Ravalli County)

Seller Financing Available
Building
Contact Seller

Asking Price: $1,650,000

Cash Flow: $181,320

Gross Revenue: $900,000

EBITDA: $221,820

FF&E: $25,000

Inventory: $13,500*

Real Estate: $675,000

Established: 1973

*not included in asking price.

Profitable Bar, Grill Casino

Save Print Share Valuation Report

Business Description

45 years of operation.

The Rustic Hut is one of the largest bars and grills in the Bitterroot Valley of Montana.
The operations have been in existence since 1973. The business consists of two full bars, stage, dance floor, full kitchen, four bedroom apartment and a one bedroom apartment along with a detached 26' x 44' shop. The business generates nearly $1 million in total revenue per year with a approximately a 10+% capitalization rate.

Business History:
The Rustic Hut was established by long time Florence business people, Fred and Dorothy Peters, in 1973. The Peters Family owned a number of successful businesses along the 93 strip in Florence over the decades with the Rustic Hut being the longest lasting and most successful. Today it is operated by one of Fred and Dorothy’s daughters who has owned and operated the business since 2003. The current owners sold the business on contract in 2007. Unfortunately, the buyer’s health prevented him from completing the sale and Dottie Lees Peters took control of operations in 2011.
Currently the Rustic Hut is one of three operating bar/grills in the Florence market and it commands a significant market share. They operate a successful restaurant out of the kitchen inside the bar with excellent food selections including wings, pizza and prime rib.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,252
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
PHYSICAL DISCRIPTION: The property consists of the bar/grill structure which includes two separate bars, four bathrooms, dance floor and full service kitchen on the main level and the balance of the 5200+ square foot building is occupied by a large apartment over the bar and a smaller living unit attached on the lower level. There is a large garage 40’x50’shop that was constructed in 1975 and a 26’x 44’ garage built in 1988. These structures sit on 1.36 acres fronting U.S. Highway 93 which runs from Canada to Mexico along the Rocky Mountain Front.
Competition:
This is one of the most successful taverns in the entire valley and has been for decades. A new bar grill just came into the Florence market.
Financing:
TBD
Support & Training:
Training is available by agreement.
Reason for Selling:
The current owner is looking to retire.
Business Website:
http://adepthome.com/rustic-hut
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Craig Siphers

Business Listed By:
Craig Siphers

EXIT Realty Bitterroot Valley, Inc.

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1582855 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Beltone

Franchise Opportunity
Capital Required: $90,000