Description of the business for sale
Bar is in the heart of Sherburne County. Business features a huge bar area with live music and stage, a beautiful knotty pine dining room, 2 volleyball courts and a regulation ball field. Special outdoor events include summer concerts, car shows and motorcycle rallies to name a few. New roof, cedar siding, heat/air conditioning, insulation, carpet and tile, horseshoe bar plus many more improvements to property! 20 x20 heated patio for smokers.
GROWTH: There is an endless amount of possibilities for increasing revenue in this beautiful and spacious business. An event planner could have a field day with this property. Concerts, motocross, demolition derbies, snowmobile races are all possible on this property that includes 5.34 acres zoned commercial. No neighbors to bother out here in the country. Volleyball and softball/ baseball are very popular on their regulation ball field. Extra courts can be added next to the horseshoe pits. Lots of room for outdoor events!
COMPETITION: Two years ago, the family experienced personal health issues. Tending to these issues has kept the owner from running it the way he intended to, thus forcing him to become an absentee owner. The bar is in a prime development area and near many lakes. Snowmobiler s in the winter and motorcyclist s in the summer all stop at this favorite watering hole!
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Support / Training provided by seller
30 days for new owners
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Description of the facilities
8,000 sq ft on 5.34 acres
ADDITIONAL FINANCIAL INFORMATION:
• Financing: $600K down with seller financing.
• Inventory: $12,000.
• FF&E: $350,000.
• Real Estate: $599,700.
REASONS FOR SELLING: other business interests.
EMPLOYEES: Full-time / Part-time: 2 full-time / 10 part-time.
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