Description of the business for sale
Built in 2000, This establishment has been a favorite place for family dining, business meetings and banquets. The sports bar is a great place to get together and enjoy a drink with friends. Their baby back ribs and Walleye are favorites on their diverse menu. Restaurant is very classy and richly designed with a Northwoods theme, including an Alaskan Grizzly Bear and Doll Sheep to greet you at the door. This establishment is, by far, the nicest restaurant and dining experience you ll find between St. Cloud and Fargo, a distance of over 170 miles!
GROWTH: Located on Hwy 10 and is the first business you come to on the way into town! A lot of growth in this community including a brand new Hospital near this establishment. The newly constructed Hwy 10 now bypasses the downtown business district and goes right past the south entrance of their parking lot, creating great opportunities for other businesses. Town will soon have a new Motel. This strip will bring in much new business. Establishment currently boasts 200 private and public functions per year in their beautiful banquet center, seat
|
Support / Training provided by seller
30 days for new owners.
COMPETITION: Family dining has always been their focus and niche. This is an elegant restaurant but casual and affordable for the whole family. Revenue can be added by using the banquet center to its fullest potential. Owner has c
|
|
Description of the facilities
10,000 sq ft on 2+ acres w/paved parking lot
ADDITIONAL FINANCIAL INFORMATION:
• Financing: $230,000 down.
• Inventory: $13,000.
• FF&E: $275,000.
• Real Estate: $950,000.
REASONS FOR SELLING: Semi-Retiring/other interests.
EMPLOYEES: Full-time / Part-time: 3 full-time / 12 part-time.
|