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Businesses For Sale > Business For Sale in Red River Valley, Eastern, North Dakota (ND)

Steakhouse and Lounge for sale in Red River Valley, Eastern, ND

Red River Valley, Eastern, North Dakota (ND)

Asking Price: Gross: Cash Flow:
$ 125,000 $ 280,000 Undisclosed

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

Real Estate:
$ 95,000 (included in the asking price)

Business Summary:
Well established business in the Red River Valley. Profitable and busy but owner wants to retire. Comfortable dining room with salad bar connected to a full service bar. Well know for it's good food, reasonable prices and friendly service. Catering on the side adds to the profit with several on-going events. This business is ready for someone to walk in and have a running start. Owner will train if necessary. Priced to sell.

 
   
Year Business was Established: 1980
   
Number of Employees: 3FT/5PT  
   
Potential Growth/Expansion: Breakfast can be served if new owner desires. Catering can also be expanded if promoted.  
   
Competition: Only place in town to take the family and have a drink with your meal. Next steakhouse is 20 miles away.  
   
Owner willing to finance: owner will finance to qualified buyer  
   
Owner willing to train: yes  
   
Reason for selling: retireing  
   
Seller Reference Number: bm1156340410
BusinessMart.com Listing Number: 103336