Full-Service Bar/Restaurant, Casino & Liquor License – Dillon, Montana

Asking Price$1,700,000

Cash Flow
$190,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,720,582

Inventory$50,000
Not included in asking price
FF&E$200,000
Included in asking price
Real Estate$1,200,000
Included in asking price
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Full-Service Bar/Restaurant, Casino & Liquor License – Dillon, Montana


Asking Price$1,700,000

Cash Flow
$190,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,720,582

Inventory$50,000
Not included in asking price
FF&E$200,000
Included in asking price
Real Estate$1,200,000
Included in asking price

Seller Financing Available
Business Description
Long-established hospitality business in downtown Dillon, Montana offering a rare combination of assets:
two connected historic buildings (?15,000 sq ft), a transferable all-beverage liquor license, a full-service bar with casino, a simple-to-operate pizza kitchen, and the well-known Blacktail Station steakhouse.

The main-level Mac’s Last Cast bar and pizza kitchen serve locals, college students, tourists, and fishing/hunting visitors.
The basement level houses Blacktail Station, a respected steakhouse with full kitchen.
The second building’s main level is an event room for groups up to 50; upper floors are currently unused, offering future storage, office, or residential potential.
The business also includes a retail liquor outlet and a casino with 15 gaming machines, providing steady year-round cash flow.

2024 adjusted cash flow (SDE) ? $180,000–$190,000, supported by financial records.
Sale includes real estate (est. ?$1.2M), all-beverage liquor license, FF&E, and operating business.
Inventory of food, liquor, and supplies will be purchased separately at closing based on actual cost.

Long-time owner is planning retirement and will provide 3–6 months of transition support, including POS training, casino machine procedures, and daily accounting guidance.
About the Business
Years in Operation
28
Employees
34 (4 Full-time, 30 Part-time)
Facilities & Assets
Two adjoining downtown buildings –
• Basement: ~5,000 sq ft (kitchen, Blacktail dining)
• Main levels: ~5,500 sq ft (Mac’s bar, casino, event space)
• Upper levels: ~4,500 sq ft (unfinished; redevelopment potential for apartments or VRBO)
Downtown location with street visibility and good foot traffic
Dedicated event room (approx. 25' × 25') for private parties / meetings
Commercial kitchens and dedicated pizza kitchen supporting bar menu and late-night service.
Casino with 15 gaming machines (owned by gaming company)
Full beverage liquor license
Market Outlook / Competition
Located in downtown Dillon, serving both local residents and visitors drawn by outdoor recreation and the university. Competes with other local restaurants and bars but stands out with full-service bar, steakhouse, casino gaming, retail liquor, and event space.
Opportunities for Growth
Growth opportunities include finishing upper floors for storage or residential use, expanding event and catering business, increasing casino traffic, and building lunch, take-out, and late-night sales through the simple pizza-kitchen platform.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
15,000
About the Sale
Seller Motivation
Owners planning retirement and transition after almost 28 years in the business.
Transition Support
3–6 months transition: POS, casino machine operation, daily accounting support.
Financing Options
Seller financing available for qualified buyers with strong down payment.
Listing Info
ID
2422370
Listing Views
15

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Business Listed by: Shelly McDonald

Listing ID: 2422370 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.