businesses for sale


Steakhouse, bar, banquet facility for sale

Well established business with 2 profitable concepts

Location: Marshall, Minnesota

Category: Restaurants for sale

Asking price: $300,000.00

Description of the business for sale
Motivated seller, just lowered price $80,000 to get this great opportunity SOLD. Well established business with 2 profitable concepts. Steakhouse has a great menu featuring steaks, prime rib, walleye, ribs and serves good pasta dishes. Pappy’s Bar opens nightly and is the college hot spot with pool and dart leagues, karaoke and live entertainment. Upstairs Pappy’s has a separate banquet facility with its own bar for patrons to have their own party.
Great location. Directly across the street from
U of M Marshall Campus. TK Steakhouse and Pappy’s Bar will profit from the construction of the new athletic building. Catering and banquets are good growth areas. Also, new buyer would have first option on purchasing an additional bar from owner.
Closest bar to college campus. Steakhouse has a solid business. All equipment is top notch and clean.

Support / Training provided by seller
30 days for new owners.

Description of the facilities
40x42 Steakhouse, 30x36 Kitchen
75’ x 70’ Bar side * 36’ x 60’, 2nd floor banquet room
Lease: $3,000/mo includes Taxes and Insurance

  • By phone: 763-972-9077
  • Ask for: Jerry Vlaminck

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Business details

Hospitality Services Corp.
Delano, MN
Broker Co-op? contact us

Listing Id: 86811
Reference Id: 375752
Year established: 1998
Employees: 15

Asking Price: $300,000.00
Revenue: $946,601.00
Annual Net: $92,470.00
Down Payment: $300,000.00

Business Type:
Non Relocatable Business

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businesses for sale