Click Options to Browse Our Large Inventory of Businesses for Sale by Owner

Search by Keyword
Price Range
State
Choose Categories

POPULAR STEAK-HOUSE AND LOUNGE #0062

Business Info

Business ID
0062
Price
$295,000
State
Asset
$319,000
Gross Sales
$475,238
Cashflow
$50,472

This steak-house and lounge was established in 1978 in southeastern North Dakota. Some other revenue opportunities that could be added to increase the bottom line would be to include off-site beer and liquor sales, add entertainment, and more. The building consists of approximately 5000 sq. ft. It is attached to a motel, not owned by the current owner. The two businesses complement each other because the locals, tourists, and hunters can conveniently access the restaurant, from the motel, without going outside in colder weather. The business also hosts a dance floor available for parties, receptions, reunions, graduations, and other gatherings. This business's potential is only limited by the new owner's vision, passion, skill, and work ethic. With excellent growth potential, exciting profit margins, and a tremendous reputation, this business has everything needed for the right energized entrepreneur to take it to the next level of success! This is a 4-star restaurant featuring dishes that are assembled from the freshest ingredients and from scratch. The restaurant serves breakfast, lunch, and dinner.  Inquire today to learn more about this incredible opportunity and the future that it holds! Assets are to included $15,000 in Average Inventory, $88,000 in F/F/E, and $216,000 in Building & Property. Ask for this "for sale by owner” PORTFOLIO #0062.

Click to contact us for help buying or selling a business.  Since 1980 we have been in the "business of business." We are a professional company specializing in bringing For Sale By Owner Business Buyers and Sellers together. Being one of the Nations leading firms in our industry, we are best equipped to help you because of our background and years of experience in working with business buyers Nationwide and businesses of all sizes and types. Your business purchase or sale information will be handled by experts and conducted in a confidential manner.

Testimonials

We want you to know that we are very satisfied with what you did for us. We know your method works because of the number of inquiries we received. We would recommend you to anyone else who would need your service.

Joseph L.