Price Reduced! Bar & Grill Central MN + Storage Building

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Tavern W/ real estate & apartment
Asking Price:
$299,000

Gross Revenue:
$481,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$7,000
not included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Bar & Grill Available w/ relaxed cozy
atmosphere, clean, additional rental
income from apartment and storage
building located in Central MN w/ Real estate included!
Serving lunch/dinner Wed-Sun and dinner
Mon&Tue. Popular dishes include: prime rib, steak,
cod, pickle fries, burgers, wraps and
sandwiches. Established 6 years. Pull tabs.
Near lake Osakis & snowmobile/atv trails.
Sales $481,000. HWY 27 traffic counts
5,800 vpd. Real estate, Business and
equipment included in sale. Owner has
other interests at this time. Staff 2 FT/14
PT
- $575 additional rental income from
apartment
- Seating: 55 dining/bar & 30 patio
- 1,250 sq. ft.
- FF&E $80,000
- Inventory $7,000 counted at closing and
not included in the asking price
Patrons reviews: "Fantastic food. Great
atmosphere great drink specials staff is
always very friendly!" , "Great
atmosphere. Friendly staff. Yummy food."

About the Business

Year Established:
2013
Real Estate:
Owned
Building Sq. Ft.:
1,250
Facilities:
1250 sq. ft., seating 55 dining/bar, 30 outdoor patio, full kitchen, basement (storage), 2 bedroom apartment 2nd floor PLUS Storage building!
Market Outlook/
Competition:
Some, but the Tavern is well established w/ daily specials, happy hour and additional rental income PLUS storage building!
Growth & Expansion:
Expanded cocktail menu and creative marketing towards local attractions (atv/snowmobile/fishing)
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About the Sale

Reason For Selling:
Other interest
Training/Support:
Negotiable

Listing Info

ID:
1593467
Ad Detail Views:
0

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Business Listed by

Dan McGuire

Hospitality Services Corp.

 Show Phone Number

View My 17 Active Listings
Sponsoring Broker:

Jerry Vlaminck
Hospitality Services Corp.

U.S. Census Data for Todd County, MN
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Todd County, MN
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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