College Town Steakhouse/Restaurant Business For Sale in Marshall, Minnesota

College Town Steakhouse/Restaurant

Food and Beverage - Restaurants | Food and Beverage - Bars and Taverns

Asking Price:	$250,000	Inventory:	$10,000 **
Gross Revenue:	$947,000 (comments below)	Real Estate:	n/a
Cash Flow:	$93,000 (comments below)	FF&E:	$200,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: 2006
Cash Flow Comments: 2006

Well established business with 2 profitable concepts. Steakhouse has a great menu featuring steaks, prime rib, walleye, ribs and serves good pasta dishes. Bar opens nightly and is the college hot spot with pool and dart leagues, karaoke and live entertainment. Upstairs has a separate banquet facility with its own bar for patrons to have their own party.

About the Business

Year Established:1998

Employees:1 full time - 14 part time

Facilities:40 x 42 steakhouse, 36x60 2nd floor banquet room, 30x36 Kitchen, 75x70 bar side Lease: $3,000/mo includes taxes and Insurance

Market Outlook and Competition:Very Good. Closest bar to college campus. Steakhouse has a solid business. All equipment is top notch and clean.

About the Sale

Management Training and Support:30 days for new owner

Reason For Selling:Retiring

Seller Financing:$100K down

KEYWORDS: Steakhouse, bar, grill, restaurant, food, seller financing, liquor, beer, wine, banquet facility, receptions

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Business Listed By
Jerry Vlaminck Hospitality Services Corp View All of My Listings


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