 Bar
- restaurant - event center
- off sale |
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Report Date: |
12/20/2008 |
BizBuySell
Add #: |
352519 |
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Location: |
NW Metro Suburb |
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Primary
Category: |
Bar/Restaurant |
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Financial
Information |
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Asking: |
$ 1,900,000 |
Gross: |
$ 1,200,000 |
Cash Flow: |
$ 210,000 |
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Furniture, Fixtures &
Equipment: |
$ 300,000 |
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Inventory: |
$ 200,000 (not included in
sale price) |
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Real
Estate: |
$ 1,300,000 (Appraised April
2007) |
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Financing: |
Cash, terms, make
offer |
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Summary
Description: |
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Known for its “National” and
“Regional” Bands this
bar has a very strong and
loyal customer base and real
numbers to prove it! This
is by far the “hottest”
nightclub in a 40 mile
radius. |
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General
Information: |
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Facilities: |
7,500 sq ft on 1.5 acres |
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Competition: |
Business sits out in the
country but don’t be fooled
for a minute, this
establishment is right in
the heart of a huge
residential development boom
that took place in the past
15 years and still growing
today! Location is
everything and this place is
on Highway 10 and just
minutes from I-94. |
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Growth &
Expansion: |
Plenty of action to be had
every night. There is never
a dull moment. Owner keeps
things jumping every night
with live music, karaoke,
bar bingo, Texas hold-em and
meat raffles. Built new in
2000! Owner can verify
numbers (P+L’s) and Cash
Flow! This is a great
investment opportunity for
someone looking for an
established nightclub with
positive cash flow! Outdoor
concerts are a big hit in
the summer and there is room
to have many more than
already planned. The Off Sale generates
$350-$400K.
Bar/Rest. Revenue is
currently 50%/20% with Off
Sale at 30%. Restaurant
could be stepped up to
increase revenue. Banquets
and private parties are also
options. 2
outdoor heated and enclosed
patios for smokers sets this
place apart from the rest! |
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Support /
Training: |
30 days for new owners. |
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Reason
Selling: |
Relocating |
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Contact
information: |
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Contact:
Steve Swenson |
Phone:
763.972.9077 |
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Email:
hospitalityserv@frontiernet.net |
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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 |
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