Summary
- Asking price including real property:
- $2,200,000 (Furniture / Fixtures and Inventory / Stock included)
- Lease asking price:
- $ (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $1m - $5m
- Cash flow:
- 0 - $250k
- Years established:
- 1995 by current owners but has a history dating back to the 1920's
Business description
The history of this place actually goes all the way back to the 1920's. The local sheriff closed it during prohibition, and it reopened as a dance hall saloon in 1933. The current owner has spent the last few years building this into a "one of kind" experience. The opportunities here are "endless". The facilities and grounds will support activities no other restaurant could even dream of. This is a must see.
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- negotiable
- Location:
- Major Corridor
- Premises details:
- The restaurant is 9,000 sq ft with banquet facilities, indoor/outdoor dining, and bar. The kitchen is extremely well furnished, and looks like a hospital kitchen it is so clean. The walk in freezer is accessed through the walk in cooler preventing any heat exchange loss when opened. The parking lot is in perfect shape, fresh paint, and landscaping. A separate 3,000 sq ft building is suitable for several things and will eventually be used by the current owner to open a retail store for selling sandwiches, lottery tickets, bbz etc… It is perfect for year around indoor entertainment/dance hall, use your imagination. There is another storage/maintenance building built to match the look of the other two facilities.
- Size in square feet:
- 13k sq ft buildings 15 acres
Other information
- Expansion potential:
- Most of the acreage is undeveloped and is ideal for an outdoor concert venue or theater. A tremendous amount of catering could be added. The second building is ready to become a retail center for sandwiches, carryout, lottery tickets, package beer etc. Unlimited opportunities here.
- Competition / Market:
- There is nothing like this anywhere I have scene. There is very little competition of any kind.
- Support & training:
- Whatever is reasonably required
- Reasons for selling:
- retirement
- Trading hours:
- Tue-Thur 3-10 Fri-Sat 11-11
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- The owner will consider financing with sizable down payment for the entire property or a lease with a purchase of the restaurant only
- Furniture / Fixtures value:
- $150,000 (included in the asking price)
- Inventory / Stock value:
- $10,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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