Bar ~ Supper Club ~ Catering
Report Date: 3/19/2008 BizBuySell Add #: 372505
Location: Southern MN
Primary Category: Bar and Grill
 

Financial Information
Asking: $ 350,000 Gross: $ 450,000 Cash Flow: N/A
Furniture, Fixtures & Equipment: $ 125,000
Inventory: $ 20,000 (not included in sale price)
Real Estate: $ 275,000 - 300,000
Financing: $ New financing, make offer
 
Summary Description:

Busy bar/restaurant with catering business on a main highway into town with 3 acres with optional adjacent 3 acres which could be expansion for softball fields/volleyball courts for league play.  Established 25 years; under current ownership since 2003.  Offers full bar with booth seating along with full kitchen. Also includes banquet room with possible expansion within the building.
 
General Information:
Facilities: 6,000 sq ft
Competition: Loyal, local customers. Catering has appointments booked throughout 2008.
Growth & Expansion: Could expand with more catering. Larger off sale section. Three acres could be expanded to softball field/volleyball courts for league play.
Support / Training: 30 days for new owners.
Reason Selling: New business venture
Year Established: 1983
Employees: 11
 
Contact information:
Contact: Tony Rosatto Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
Prospect Contact Options:
      Require prospect's name
      Require prospect's telephone number
      Ask for prospect's available funds
      Ask for prospect's time frame
      Require prospect submit standard Confidentiality Agreement