Asking Price: $1,650,000 Gross Revenue: $900,000Cash Flow: $181,320EBITDA: $221,820Inventory: $13,500 not included in asking priceFF&E: $25,000 included in asking priceReal Estate: $675,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The Rustic Hut is one of the largest bars and grills in the Bitterroot Valley of Montana.
The operations have been in existence since 1973. The business consists of two full bars, stage, dance floor, full kitchen, four bedroom apartment and a one bedroom apartment along with a detached 26' x 44' shop. The business generates nearly $1 million in total revenue per year with a approximately a 10+% capitalization rate.
The Rustic Hut was established by long time Florence business people, Fred and Dorothy Peters, in 1973. The Peters Family owned a number of successful businesses along the 93 strip in Florence over the decades with the Rustic Hut being the longest lasting and most successful. Today it is operated by one of Fred and Dorothy’s daughters who has owned and operated the business since 2003. The current owners sold the business on contract in 2007. Unfortunately, the buyer’s health prevented him from completing the sale and Dottie Lees Peters took control of operations in 2011.
Currently the Rustic Hut is one of three operating bar/grills in the Florence market and it commands a significant market share. They operate a successful restaurant out of the kitchen inside the bar with excellent food selections including wings, pizza and prime rib.
About the Business
Number of Employees:
Building Sq. Ft.:
PHYSICAL DISCRIPTION: The property consists of the bar/grill structure which includes two separate bars, four bathrooms, dance floor and full service kitchen on the main level and the balance of the 5200+ square foot building is occupied by a large apartment over the bar and a smaller living unit attached on the lower level. There is a large garage 40’x50’shop that was constructed in 1975 and a 26’x 44’ garage built in 1988. These structures sit on 1.36 acres fronting U.S. Highway 93 which runs from Canada to Mexico along the Rocky Mountain Front.
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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
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