Property ID : LB22.191/SPL25.264
For Sale $295,000.00 - Bar/Lounge, Restaurant
- Established bar with a good following and excellent reputation.
- Located 20 minutes NW of Rochester.
- Well-equipped kitchen and plenty of storage.
- 3,053SF free standing building with huge patio and ample parking; situated on 1 acre of waterfront land.
- Lottery, ATM and Games bring in added income.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Real Estate assessed at $200,000.
- FF&E, valued at $25,000.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
|SALES||$ 230,636||$ 209,419||$ 192,048|
|SDE||$ 45,521||$ 35,600||$ 13,109|
- Asking price for the business and real estate is $ 295,000; business only is $65,000.
- Seller financing is available to a qualified buyer.
- Boat and Sled Traffic offers seasonal business consistency
Current owner is retiring and looking for someone to bring energy and fresh ideas to the industry
- A wonderful business; turnkey operation / opportunity for an owner/operator
- Solid sales currently exist and the right operator can be more successful
- Easy to operate. Currently owner plus nine part-time employees