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Profitable Bar & Grill For Sale for sale in ND

North Dakota (ND)

Asking Price: Gross: Cash Flow:
$ 275,000 $ 231,314 $ 78,894

Furniture and Fixtures Value:
$ 30,000 (included in the asking price)

Inventory Value:
$ 15,000 (not included in the asking price)

Business Summary:
This long established and very profitable bar and grill has the benefit of being one of only 2 bars in town and the only bar serving food. This business is in the heart of the oil & gas exploration and production activity in Western North Dakota and is benefiting from the increased drilling activity. The local population is growing and is expected to continue growing for the foreseeable future. Located in a small North Dakota town, the buyer will enjoy a very profitable business in a great small town. This business has been extremely well maintained with quality chairs (seating for 80), tables and other furnishings. The bar is also the area’s center of entertainment with pool leagues, social gatherings and meetings. All equipment is in excellent condition and has been very well maintained.

 

   
Year Business was Established: 1976
   
Number of Employees: FT:1 / PT: 2  
   
Facilities / Terms of Lease: Building is 50' x 75', brick walls, flat tar roof, very well maintained.  
   
Potential Growth/Expansion: Growth will be achieved as a result of oil & gas exploration and production activity in western North Dakota. The town is already experiencing population growth and construction activity to accommodate the higher population.  
   
Competition: Only 1 competitor that isn't open every day and doesn't offer food.  
   
Owner willing to train: 2 Weeks / $0 Cost  
   
Reason for selling: Retirement  
   
Seller Reference Number: 7606-7304
BusinessMart.com Listing Number: 109383
 

 

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For more info contact:

Roger Murphy

Murphy Business & Financial Services
727-725-7090

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