Business Summary:
Well established business with 2 profitable concepts. Business 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 has a separate banquet facility with its own bar for patrons to have their own party.
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| Facilities / Terms of Lease:
Bar Side: 75 x 70
Banq Rm: 36 x 60 |
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| Potential
Growth/Expansion:
Great location. Directly across the street from
U of M Marshall Campus. Business 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. |
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| Competition:
Very Good. Closest bar to college campus. Steakhouse has a solid business. All equipment is top notch and clean. |
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| Owner
willing to finance:
$200K down |
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| Owner
willing to train:
30 days for new owners |
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| Reason for selling:
Relocating |
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Seller Reference Number: 375752
BusinessMart.com Listing Number: 37494 |
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