Sports Bar - Restaurant - Volleyball - Softball
Report Date: 12/12/07 BizBuySell Add #: 351049
Location: NW Suburb
Primary Category: Bar and Grill
 

Financial Information
Asking: $ 1,100,000 Gross: $ 700,000 Cash Flow: $ N/A
Furniture, Fixtures & Equipment: $ 350,000
Inventory: $ 12,000 (not included in sale price)
Real Estate: $ 599,700 (assessed value)
Financing: $ Cash, terms, $600K down with owner financing the balance
 
Summary Description:
Bar is in the heart of Sherburne County.  Business features a huge bar area with ‘live’ music and stage, a beautiful knotty pine dining room, 2 volleyball courts and a regulation ball field.  Special outdoor events include summer concerts, car shows and motorcycle rallies to name a few.  New roof, cedar siding, heat/air conditioning, insulation, carpet and tile, horseshoe bar plus many more improvements to property!  20’x20’ heated patio for smokers.
 
General Information:
Facilities: 8,000 sq ft bldg on 5.34 acres
Competition: Bar is in a prime development area and near many lakes.
Growth & Expansion:

There is an endless amount of possibilities for increasing revenue in this beautiful and spacious business.  An event planner could have a field day with this property. Concerts, motocross, demolition derbies, snowmobile races are all possible on this property that includes 5.34 acres zoned commercial.  No neighbors to bother out in the country. Volleyball and softball/ baseball are very popular on their regulation ball field.  Extra courts can be added next to the horseshoe pits. Lots of room for outdoor events!
Support / Training: 30 days for new owners.
Reason Selling: Health issues
Year Established: 1989
Employees: 2FT/10PT
 
Contact information:
Contact: Steve Swenson Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
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