Sports Bar For Sale - Hwy 10, Minnesota, MN - Sherburne County

PROFILE: Sports Bar, Restaurant

AD/LISTING INFORMATION
Status: Available
State: Minnesota
Location: Hwy 10
County: Sherburne
City: None Given
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  131670
Seller Or Contact:  Jerry Vlaminck
Primary Phone:  763-972-9077
Alternate Phone:  612-363-7456
Email Address:  See Form Below
Date Ad Started:  9/10/08
Date Ad Last Revised:   9/10/08

FINANCIAL INFORMATION
Asking Price: $2,300,000
Down Payment: Make Offer
Annual Revenue: $850,000
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: New In 2006, This Sports Bar Has Been Doing Very Well Since Its Conception. Located On Hwy 10. This Property Is In A Very High Growth Area. The Large Sports Bar/Grill Is Spacious And Has A Seating Capacity Of 229 Plus 58 On The Outdoor Patio. It’s A Great Restaurant For The Whole Family. Owners Have Other Businesses And Wish To Downsize.

Market Outlook: There Is A Lot Happening In This Area! Soon To Be Next To The Site Of A Brand New Outdoor Facility, A New Major Motor Sports Complex Is Being Built Just ˝ Mile Away. This Will Be A Perfect Venue To Attract The Many People. The Motor Sports Complex Will Have A Banquet Center And Will Be Annexed Into The City, Contributing $2M In Taxes Annually. Concessions At The New Motor Sports Complex Will Be A Great Option For Revenue Plus Catering For Events And Parties.

Coming Soon To The Area: *new Major Motor Sports Complex 2009, *new Hockey Arena 2009, * Light Rail 11/2009, *new Amateur League Baseball Field 2009, *new Motel Next Door Opening Nov. 2008, *plans For A 5 Screen Movie Theater.

Growth And Expansion: Community Will See Major Commercial Growth In The Next Few Years! The Opportunity To Host The New Major Motor Sports Complex And Light Rail Transit Has Been Warmly Met With The City Father’s. This Will Give A Tremendous Economic Boost To The Area.

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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!



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