Steak House For Sale, Real Estate included
Gross sales are growing yearly. 5 year average is strong, even through 2020. 2021 sales have been the best year yet. 2022 growing as well. This revenue does not include any gaming as they do not have any gaming machines onsite. New user could certainly increase sales via machines, merchandise, meal delivery or other creative uses. Current expense ratio runs around 45- 65% yearly. Current hours of operation vary throughout the year from 4-10 pm. Owners are looking to retire well after building the business up from previous owners sales by tripling current business sales. 25 staff available via part time and full time operators. The brand is strong and they have two billboards driving traffic to this satellite small town gem.
*Some artwork and wall mounts does not convey.
*Must sign NDA.
Recent Improvements Include :
New HVAC AC (2), Furnaces - '13,'16,'17
Compressors in Coolers - '11,'12
Laminate flooring in Bar and hallways - '20, New carpet '13
Septic drain field - 60k improvements + getting updated '22
Roof - Steal with snow slides.
Well - Maintained monthly.
New Overhead Hood System - 40k, '18-'19
Security System - 8k paid in full - Brand new 2021.
All furniture, salad cooler, grill new within last 3 years.
Room for more tables in restaurant, or Gaming machines
Log Cabin maintained with Linseed oil as needed.
POS System transfers to new owners - CC processing at
Northwest Energy Power and Gas.
Possible public utility hookups in future if town develops.