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Steakhouse And Lounge For Sale - Luverne, Minnesota, MN

PROFILE: Family Dining Steakhouse And Lounge - SBA Assumable Loan

AD/LISTING INFORMATION
Status: Available
State: Minnesota
Location: Minnesota
County: None Given
City: Luverne
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  117868
Seller Or Contact:  April Boucher
Primary Phone:  605-275-7650
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  9/3/08
Date Ad Last Revised:   9/3/08

FINANCIAL INFORMATION
Asking Price: $695,000
Down Payment: Call/Email
Annual Revenue: $698721
Annual Adjusted Net: Call/Email
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: This Exciting Business Opportunity Consists Of Three Businesses Operating Under One Roof; Restaurant & Steakhouse, Meat Retail Store, And Bar/Lounge To Include A Full Menu. Lunch Or Evening Dining Menus Consist Of Custom-Aged Hand-Cut Steaks, Seafood, And Specialty Dishes. The Fully Stocked Bar Services Customers For All Occasions. Three Separate Party/Meeting Rooms Are Available For Groups Of All Sizes And Menu Choices. The Long Standing History Of The Business Is Excellent Marketing – Repeat Customers, Referrals, And Party Groups. Private Parties May Be Reserved For Up To 80 People. The Lounge Area Offers A Historical Bar, Sun Room, Patio, And Games. Land And Building Are Included For $575,000. All FF&E Are Maintained And In Good Condition. The Seller(S) Have Made The Decision To Transfer The Business Due To Health Reasons And Will Agree To A Non-Compete And Assist A Buyer Through The Transition Period. This Business Is In Excellent Position To Be Transferred Giving A Buyer Years Of Successful History, A Faithful Employee Base, And Loyal Customers Old And New Alike.

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