Successful Casual Restaurant, Wine Bar and Pub

Lewis and Clark County, MT

Successful Casual Restaurant, Wine Bar and Pub
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Asking Price: $885,000

Cash Flow: $245,458

Gross Revenue: $1,277,718

EBITDA: N/A

FF&E: $175,000

Inventory: $159,420

Established: 1974

Successful Casual Restaurant, Wine Bar and Pub

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Business Description

"Where Everybody Knows Your Name"...Make it Yours

This successful Saloon and Grill has been a local Landmark Eatery for decades. Its history, charm and atmosphere have come to define Downtown Helena. Many of the furnishings and antiques in the restaurant, collected over the years, are mementos of the city's storied past. The contemporary menu has offerings that have evolved over the years to include many classic dishes that keep customers coming back, as well as new selections for new friends. The Beer Tap selection is the largest in Helena supporting many fine local breweries. There is a classic Sommelier's Wine Bar with great wines from around the world, wonderful appetizers, tapas and exquisite desserts. Lastly, for sports spectators, the restaurant offers Bleachers, a modern, totally equipped Pub that has become a destination for viewing popular sporting events with friends.

Detailed Information

Location:
Lewis and Clark County, MT
Inventory:
Included in asking price
Employees:
17 FT/30 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business occupies a city-center, two story building of about 10,000 sq. ft. with a corner entrance on the main street of Historic Downtown. The premises feature main-floor dining, 2nd-floor Bleachers Sports Pub and outside patio dining where you can sit back and relax with friends and watch the world go by. It also features a full half block of parking in the rear. The space has been remodeled several times in the past including upgraded electrical, plumbing, cooling, awnings, windows and woodwork. Furnishings are up-to-date and in excellent condition.
Competition:
Helena is becoming a regional center for dining and entertainment and attracting people from rural areas. In addition, more people are moving into the city center and want better cuisine than was offered in the past. Local entrepreneurs are meeting the increased demand, as establishments position themselves, sometimes with new ownership. This energy is creating a dynamic, vibrant atmosphere for experimentation.
Growth & Expansion:
An experienced restaurateur will see the potential for growth after a brief tour of Downtown Helena. Recently a national accounting firm established their offices less than a block away from the business. Being the state capital, Helena naturally attracts federal and state government personnel and business travelers. But there's solid growth in the tourist trade as people learn more about the cultural offerings in Helena and stay at the nearby hotels.
Support & Training:
Will train for 6 weeks @ $4k. A new owner should be a passionate, experienced restaurateur. Supplier relationships, a management team and recipes are in place for continued success, as well as one of the few Beer & Wine Licenses in the county.
Reason for Selling:
The owner would like to retire to pursue other ventures.
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Contact the Seller

(from currently available funds)
 
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John Maslanik

Business Listed By:
John Maslanik

Murphy Business and Financial

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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