Profitable Bar & Grill In North Dakota For Sale

Business description

This long established and very profitable bar and grill has the benefit of being one of only 2 bars in town and the only bar serving food. This business is in the heart of the oil & gas exploration and production activity in Western North Dakota and is benefiting from the increased drilling activity. The local population is growing and is expected to continue growing for the foreseeable future. Located in a small North Dakota town, the buyer will enjoy a very profitable business in a great small town. This business has been extremely well maintained with quality chairs (seating for 80), tables and other furnishings. The bar is also the area’s center of entertainment with pool leagues, social gatherings and meetings. All equipment is in excellent condition and has been very well maintained.

Property information

Premises details:

Building is 50' x 75', brick walls, flat tar roof, very well maintained.

Business Operation

Expansion potential:

Growth will be achieved as a result of oil & gas exploration and production activity in western North Dakota. The town is already experiencing population growth and construction activity to accommodate the higher population.

Competition / Market:

Only 1 competitor that isn't open every day and doesn't offer food.

Reasons for selling:

Retirement

Trading hours:

Monday-Sunday 3:00 p.m. to 2:00 a.m.

Employees:

FT:1 / PT: 2

Years established:

35

Other information

Support & training:

2 Weeks / $0 Cost

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$15,000