Izaak's Restaurant: The Ultimate Montana Legacy Acquisition
Business Description
This business has every asset necessary for success & solid expansion, with 3 lots adjacent to the Missouri River with River Views & proximity to fishing lodges & cabins. The MT Full All-Beverage Liquor & Gaming License provides reliable income. This property has a designated Farm Bill Land Status which has 2 Greenhouses, lends to Farm-to-Table model with access to USDA grants. Name, Website, social media & Recipes for high-end comfort food are all included. Fully equipped kitchen, bar & dining area including a Patio/Deck with a Stage this place is ready for immediate operation & year-round expansion. This is more than a sale; it's an invitation to own a Montana icon...
The value of Izaak's starts with its location adjacent to the banks of the mighty Missouri River. • Craig, MT, is an international site for fly-fishing, attracting a steady stream of tourists who enjoy good food, drinks & sometimes a little gambling from early March through late November. • The restaurant offers views of the Missouri River, providing a friendly atmosphere that guests simply cannot find elsewhere. • The property is strategically located amidst fishing lodges, cabins, and outfitter operations, making it the essential social, dining, and entertainment hub for the entire community of anglers and guides. • The dedicated patio/deck with a stage for entertainment and outdoor dining directly capitalizes on the Montana setting, providing another revenue stream from live music and events against a beautiful natural backdrop. Izaak's is a Full package built upon Montana's most valuable commercial assets: • Full Liquor and Gaming License: This valuable license grants Full All-Beverage authority and the right to operate state-regulated Gaming Machines (Casino). Given the strict population-based limits on licenses in Montana, this asset provides an immediate reliable source of passive, high-margin revenue that acts as a financial stabilizer. • Full Equipment Inventory: The restaurant is completely equipped for high-volume operation, including two walk-in coolers, walk in freezer, a full commercial kitchen, and all bar and dining furnishings. • Historic Atmosphere: The inviting interior features a curated Montana aesthetic, highlighted by local artwork and working 1910 wood stove, creating a cozy, memorable guest experience. • Proven Profitability with Expansion Potential: Currently profitable on a seasonal model (March to November), the existing infrastructure is fully prepared to transition to expanded hours and/or a year-round operation, capitalizing on breakfast & lunch & winter recreation and the consistent gaming income. • Izaak's has created a marketable identity as a cherished restaurant in the region, centered on its high-end comfort food served in a relaxed, friendly atmosphere. • The sale provides the new owner with all existing recipes, ensuring seamless continuity of the menu. This includes the famed Walleye dish and highly-rated BBQ, which draw repeat clientele from across the Western U.S. • Financial Advantage: The farm status provides access to valuable USDA grants and value-added funding for small businesses. • The inclusion of three parcels of land right on the main street close to I-15 a main highway through the state of Montana for easy access. For Year-Round Revenue- Utilize the heated greenhouse and gaming revenue to operate 12 months a year, capturing off-season income. Physical Expansion- Can build up to expand capacity &/or increase the casino floor, Entertainment Maximization - Utilize patio stage with regular music and events, dramatically increasing bar and food revenue during peak hours. This is the chance for a determined owner-operator (who loves to fish) or strategic investor to acquire a fully functioning, Montana legacy and guide it into a new era of prosperity.
The value of Izaak's starts with its location adjacent to the banks of the mighty Missouri River. • Craig, MT, is an international site for fly-fishing, attracting a steady stream of tourists who enjoy good food, drinks & sometimes a little gambling from early March through late November. • The restaurant offers views of the Missouri River, providing a friendly atmosphere that guests simply cannot find elsewhere. • The property is strategically located amidst fishing lodges, cabins, and outfitter operations, making it the essential social, dining, and entertainment hub for the entire community of anglers and guides. • The dedicated patio/deck with a stage for entertainment and outdoor dining directly capitalizes on the Montana setting, providing another revenue stream from live music and events against a beautiful natural backdrop. Izaak's is a Full package built upon Montana's most valuable commercial assets: • Full Liquor and Gaming License: This valuable license grants Full All-Beverage authority and the right to operate state-regulated Gaming Machines (Casino). Given the strict population-based limits on licenses in Montana, this asset provides an immediate reliable source of passive, high-margin revenue that acts as a financial stabilizer. • Full Equipment Inventory: The restaurant is completely equipped for high-volume operation, including two walk-in coolers, walk in freezer, a full commercial kitchen, and all bar and dining furnishings. • Historic Atmosphere: The inviting interior features a curated Montana aesthetic, highlighted by local artwork and working 1910 wood stove, creating a cozy, memorable guest experience. • Proven Profitability with Expansion Potential: Currently profitable on a seasonal model (March to November), the existing infrastructure is fully prepared to transition to expanded hours and/or a year-round operation, capitalizing on breakfast & lunch & winter recreation and the consistent gaming income. • Izaak's has created a marketable identity as a cherished restaurant in the region, centered on its high-end comfort food served in a relaxed, friendly atmosphere. • The sale provides the new owner with all existing recipes, ensuring seamless continuity of the menu. This includes the famed Walleye dish and highly-rated BBQ, which draw repeat clientele from across the Western U.S. • Financial Advantage: The farm status provides access to valuable USDA grants and value-added funding for small businesses. • The inclusion of three parcels of land right on the main street close to I-15 a main highway through the state of Montana for easy access. For Year-Round Revenue- Utilize the heated greenhouse and gaming revenue to operate 12 months a year, capturing off-season income. Physical Expansion- Can build up to expand capacity &/or increase the casino floor, Entertainment Maximization - Utilize patio stage with regular music and events, dramatically increasing bar and food revenue during peak hours. This is the chance for a determined owner-operator (who loves to fish) or strategic investor to acquire a fully functioning, Montana legacy and guide it into a new era of prosperity.
About the Business
- Years in Operation
- 15
- Employees
- 5 (5 Full-time)
Business is open March to November can be open year round - Facilities & Assets
- A turnkey acquisition in Craig, MT, featuring a Full All-Beverage Liquor & Gaming License, & 3 river-view lots on the Missouri River.
The property includes a fully equipped commercial kitchen/bar/dining area, a Patio/Deck w/ a Stage for entertainment, & 2 greenhouses (one heated) supporting a Farm-to-Table model & USDA grants via its Farm Bill Land Status.
Intangible assets include the business name, website, social media, & recipes for high-end comfort food. The location acts as the essential hub for the world-renowned fly-fishing community. - Website
- https://izaaksrestaurant.com/
- Market Outlook / Competition
- Izaak's operates in the highly profitable fly-fishing tourism market of Craig, MT, the "Fly Fishing Capital of the World," attracting a high-spending, steady stream of tourists from Mar–Nov. The restaurant is essential dining hub for anglers, guides, lodge guests and locals.
The local dining/bar scene is limited, consisting mainly of Joe's Bar & The Taphouse/Stonefly Grill. Izaak's keeps a competitive advantage w/ its Full All-Beverage Liquor & Gaming License & its established identity as a high-end comfort food destination on the Missouri River. - Opportunities for Growth
- Expanded Service: Transition to year-round operation or expanded hours by adding high-margin breakfast, lunch, & coffee services, directly supplying area lodges/guides w/ take-out & catering.
Physical Growth: Utilize the 3 lots to increase the casino/dining capacity.
Outdoor Revenue: Maximize the large river-view Patio/Deck with regular events and live music via the existing stage, dramatically boosting peak-hour bar and food sales.
Brand Leverage: Develop a retail brand (sauces, rubs) using proprietary recipes and Farm Status.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,000
About the Sale
- Seller Motivation
- After 15 years of successfully building Izaak's into a Montana icon and culinary
- Transition Support
- The Owner agrees to provide reasonable transition & consulting assistance to the Buyer for a period of (2) to (3) weeks (the "Transition Period") immediately after the Closing. Specific duration within this range shall be mutually determined & agreed upon by both parties prior to the Closing if the buyer so chooses. A list of all contacts & suppliers will be provided
Listing Info
- ID
- 2438162
- Listing Views
- 119
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2438162 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.
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