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Businesses For Sale > Business For Sale in NW Metro, Minnesota (MN)

Sports Bar, Restaurant, Volleyball, Softball for sale in NW Metro, MN

NW Metro, Minnesota (MN)

Asking Price: Gross: Cash Flow:
$ 915,000 $ 700,000 Undisclosed

Furniture and Fixtures Value:
$ 350,000 (included in the asking price)

Inventory Value:
$ 12,000 (not included in the asking price)

Real Estate:
$ 600,000 (included in the asking price)

Business Summary:
Business is in the heart of Sherburne County. Business features a huge bar area with ‘live’ music and stage, a beautiful knotty pine dining room, 2 volleyball courts and a regulation ball field. Special outdoor events include summer concerts, car shows and motorcycle rallies to name a few. New roof, cedar siding, heat/air conditioning, insulation, carpet and tile, horseshoe bar plus many more improvements to property! 20’x20’ heated patio for smokers.

 

   
Year Business was Established: 1989
   
Number of Employees: 2FT/7PT  
   
Facilities / Terms of Lease: 10,000 sq ft on 5.34 acres  
   
Potential Growth/Expansion: There is an endless amount of possibilities for increasing revenue in this beautiful and spacious business. Present owner is absentee and is not using the outdoor facilities. Owner/Operator could increase revenue dramatically. An event planner could have a field day with this property. Concerts, motocross, demolition derbies, snowmobile races are all possible on this property that includes 5.34 acres zoned commercial. No neighbors to bother out here in the country. Volleyball and softball/ baseball are currently not being used extra courts can be added next to the horseshoe pits. Lots of room for outdoor events! Many improvements and upgrades  
   
Competition: Two years ago, the family experienced some personal health issues. Tending to these issues has kept the owner from running it the way he intended to, thus forcing him to become an absentee owner. The bar is a prime destination spot and near many lakes. Snowmobiler’s in the winter and motorcyclist’s in the summer all stop at this favorite watering hole!  
   
Owner willing to finance: Cash terms acceptable to sellers  
   
Owner willing to train: 20 days for new owners  
   
Reason for selling: Other interest/retirement  
   
Seller Reference Number: 454065
BusinessMart.com Listing Number: 60264
 

 

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For more info contact:

Jerry Vlaminck

Hospitality Service Corp.
763-972-9077

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