Business For Sale Listing 135710
Restaurant & Lounge
Status as of Dec-1-2008 at 06:03 PM: Active
Business Summary
This is a full service family restaurant and lounge that has been in the same location since the 1950s. This exceptional location is on a river that connects two lakes. They have 300 ft. of prime river frontage with boat docks. This restaurant offers ample seating for 60 with an outdoor patio that doubles the seating capacity. The patio is used extensively in the Spring, Summer and Fall seasons. With the opening of new ATV trails in the area, traffic to the business will increase, along with the year-round sports activities like boating, fishing and snowmobiling. New owners can further increase sales and profits by adding a second floor to the existing building. Assets include $128,000 Equipment, Fixtures and Furnishings, plus Buildings and Property valued at $750,000. Ask for portfolio number 0140.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($294,760) |
| Profits: |
Under $100 Thousand ($73,862) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2006 |
| Asking Price: |
Between $500 Thousand and $1 Million ($825,000 + Inventory) |
