Thriving Restaurant and adjacent residence

Salmon, ID (Lemhi County)

Thriving Restaurant and adjacent residence
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Asking Price: $799,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Thriving Restaurant and adjacent residence

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Business Description

Thriving Restaurant and adjacent residence

Here's your chance to own a thriving supper club restaurant in beautiful Salmon, Idaho. Listing includes an adjacent building suitable as home/office/storage. Restaurant lot includes ample off-street parking and park-like Salmon River frontage with power, bar and volleyball court. Restaurant has full bar designed for watching sporting events with 6 large TVs; fully equipped kitchen with walk-in cooler (recently upgraded), deep fryers, ovens, grills, washer/dryer and employee restroom; and three separate dining rooms with seating for 138 including large groups. Shaded outside patio provides additional seating for dining/drinks during warm summer evenings. Fire suppression system with hood recently added to meet code. Full electrical audit of entire building conducted last year. Residence (403): 1887 sq ft up, 1887 basement; 2017 taxes $2078; .493 ac lot; needs work; used as storage; could be upgraded for commercial or residence; legal T-5253 6 21 22 RPA0000060084EA. Data not included with restaurant listing. River frontage of both properties in flood plain, buildings are not.
Private Info: Call listing agent for showing appointments to qualified buyers only. Showing appointments early morning and afternoon. Listing agent to attend all showings. Financial disclosures available to qualified, serious buyers with confidentiality statement.

Detailed Information

Location:
Salmon, ID
Real Estate:
Owned
Building SF:
6,203
Employees:
20
Facilities:
All bar and restaurant equipment and furniture. Consumable inventory: Buyer to reimburse seller (at cost) outside of closing for all consumable inventory, including but not limited to; beer, wine, liquor, food and miscellaneous foodstuffs. Includes inventory ordered and paid for by seller.
Competition:
Property in prime location: within walking distance of three motels, within Salmon City limits and includes Salmon River frontage. Only supper club/bar in Salmon. Popular with tourists, hunters, anglers, river floaters and locals. Suitable and frequently used for large parties such as weddings, river float groups and holiday gatherings.
Growth & Expansion:
Adjacent building could be developed for residence, commercial space, storage and/or office. River frontage could be improved/developed for summer activities.
Reason for Selling:
Owner wishes to retire.
Business Website:
http://www.facebook.com/The-Shady-Nook-142322695780497/
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Jim Lukens

Business Listed By:
Jim Lukens

Robie Real Esate

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