STEAKHOUSE/LOUNGE/BANQUET & PARTY FACILITIES #460 (ID: 1043917)

FINANCIAL DETAILS
Asking Price: $999,000
Gross Revenue: $226,784
Cash Flow: $98,808
Inventory: n/a
Real Estate: $2,000,000 ++
FF&E: n/a
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STEAKHOUSE/LOUNGE/BANQUET & PARTY FACILITIES #460
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Business Description

This steakhouse and Lounge is located in picturesque North Dakota right on lake front property. The area offers residents and visitors alike endless recreational opportunities including hiking, biking, water sports, skiing and snowmobiling. The business is one of THE gathering spots and offers its patrons excellent food and service in attractive surroundings. The Lounge walks out to beautiful, well-groomed lawns. Many weddings, business meetings, parties and other special occasions are hosted inside the steakhouse and Lounge or outside on the lawns and lake, offering beautiful scenery in all directions. The owners have experienced very consistent sales and profits with this business. However, they only operate the busines for about three hours each day, and do not run the Lounge consistently, due to personal reasons. Total assets include building and land valued at $2,000,000. Priced at $999,000 plus inventory. Ask for portfolio number 0460.

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