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Businesses For Sale   >>   Minnesota Businesses For Sale Categories   >>   

Own A Bar And Property - Seller Financing, Retiring

Location  Minnesota,United States
Asking Price Range  < $250K
Gross Revenues  $167080
Net Profit / Cash Flow  $64839
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1989
Number of Employees  1 - 3
Inventory  55000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Retirement.
Description  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 and have been running it as semi-absentee. 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 with $65k down. For more information about this excellent opportunity, please contact Deborah Waldvogel at 612-238-1295.
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