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Popular Local Full Bar with Real Estate for sale in East, ID

East, Idaho (ID)

Asking Price: Gross: Cash Flow:
$ 1,615,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 15,000 (included in the asking price)

Real Estate:
$ 1,300,000 (included in the asking price)

Business Summary:
This local favorite has been operating in East Idaho for decades, with a focus on providing a fun atmosphere for their loyal customer base. Open for lunch and dinner seven days a week, they feature a small menu of your favorite American bar food items. They offer a rotating beer selection served on 11 taps, as well as a full selection of cocktails. The facility is designed for entertainment, with multiple activities to keep customers engaged. There are currently seven full and part time employees, and the owner is active in the day-to-day operation of the business. The owner desires to sell the business and real estate together.

 

   
Facilities / Terms of Lease: Included in the sale is the +/-6,500 square foot building on 0.46 acres. The current site offers ample parking and is located in a high traffic area. Current seating capacity is 50+ inside, with a patio that will accommodate an additional 20. The owner recently had the building’s exterior painted, added on the enclosed patio area, updated exterior signage, replaced the water heater, and updated interior lighting and flooring.  
   
Potential Growth/Expansion: A new owner could add additional menu items to expand the food side of the business, create a menu of exclusive cocktails, and rent the facility to companies for parties and events.  
   
Competition: After decades in operation, the bar has a name that is recognized by most in its community. It also offers a unique environment unlike anything else in Eastern Idaho. The operation is turnkey, and ready for the next generation of ownership.  
   
Owner willing to train: Yes  
   
Reason for selling: The owner has worked in this business for their entire career and wishes to retire and relocate. The business is ideally suited for an owner operator OR an investor who wants to grow the menu with additional offerings. The owner will provide training an  
   
Seller Reference Number: CL5101
BusinessMart.com Listing Number: 281847
 

 

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For more info contact:

Arthur Berry and Company

Arthur Berry and Company
208-336-8000

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