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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   North Dakota Businesses For Sale Categories   >>   

Steakhouse, Lounge & Banquet Facilities For Sale

Location  North Dakota,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $226784
Net Profit / Cash Flow  $98808
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1980
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Reason for Sale  Personal Reasons.
Description  This steakhouse and lounge is located in picturesque North Dakota right on lake front property. The area offers residents and visitors alike endless recreational opportunities including hiking, biking, water sports, skiing and snowmobiling. The business is one of THE gathering spots and offers its patrons excellent food and service in attractive surroundings. The lounge walks out to beautiful, well-groomed lawns. Many weddings, business meetings, parties and other special occasions are hosted inside the steakhouse and lounge or outside on the lawns and lake, offering beautiful scenery in all directions. The owners have experienced very consistent sales and profits with this business. However, the owners only operate the business three hours a day and do not open the lounge consistently, due to personal reasons. Total assets include building and land valued at $2,000,000. Priced at $999,000 plus inventory.
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