Hometown Bar with Seller financing 3-901

Located south of the Twin Cities, just minutes from the metro area, this home town bar has been established for well over 70 years. The current owners have owned the business and property since 1989. A great benefit to new owners is the fully established fully furnished 3 bedroom apartment upstairs that you could either rent out or live there yourself. This is a great opportunity for someone who is just starting to get in to the bar business as it is very easy to manage. This is a turn-key and excellent cash business ready for an owner-operator, or perfect for an individual with marketing skills that would focus on increasing the customer base. Retirement and health issues are the main driving forces for the sale. Included in the sale is the property for the bar along with an additional lot that the new owner could add other activities such as a volleyball court or similar amenities to draw in more clientele. The seller will finance the sale for a qualified buyer. For more information about this excellent opportunity, please contact Deborah Waldvogel at 612-238-1295.
Listed By Agent: Debbie Waldvogel
Industry: Food & Beverage
Industry Segment: Food & Beverage
Geography: Midwest > Minnesota
Asking Price: $75,000
Gross Revenue: $142,477
Annual SDE: $36,727
FF & E: $40,000
Real Estate For Sale: Yes
Real Estate Listing Price: $199,000
Year Established: 1989
Franchise: No
Number of Employees FT/PT: FT: (2) PT: (0)
Reason for Selling: Retirement
Bookmark and Share

Tags: ,

Leave a Comment

You must be logged in to post a comment.