Business Summary:
100% leased bar and apartment building for sale. The building has a downstairs storage facility, bar on the main level ($1,350 rental income), and 3 apartments above ($1,400 rental income). The liquor license stays with the building in the city of Brainerd. The liquor license is grandfathered in with no liquor/food requirements. A new liquor license requires 51% food and 49% liquor.
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| Year
Business was Established: 1930 |
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| Number of Employees:
N/A |
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| Facilities / Terms of Lease:
3,750 sq ft
Free standing building |
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| Potential
Growth/Expansion:
100% Leased commercial building, including apartments for additional income or living quarters. |
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| Competition:
100% leased commercial building. The building has a downstairs storage facility, bar on the main level ($1,350 rental income), and 3 apartments above ($1,400 rental income) |
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| Owner
willing to finance:
$100K down |
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| Owner
willing to train:
No training needed....just collect the rent |
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| Reason for selling:
retirement - Divest of property |
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Seller Reference Number: 642951
BusinessMart.com Listing Number: 110187 |
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