Business For Sale Listing 122476
Bar & Grill
Status as of Jan-6-2009 at 06:06 PM: Active
Business Summary
This bar and grill has been a mainstay in the area since the 1930's, offering their clientele a varied menu of quality meals and both on and off premises sales of liquor. The business is located in the center of downtown. This is the community's headquarters for banquets, business meetings, wedding receptions, and many other social functions. The business is open from 8:30 am until 2:00 am 6 days a week and closed on Sunday. The building and equipment has undergone renovation and replacement during the last 5 years. The building has 4,500 square feet of usable space, two bars, and seating for 150 guests. There is a nice 1-bedroom apartment located on the second level that can be owner’s quarters or leased out. Gross sales of $420,540 with an adjusted cash flow of $69,875. Assets include $12K Inventory, $60K Other Assets, plus Building and Property valued at $60,000. Priced at $225,000. Located in Southeast South Dakota.
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