Long-established Bar & Restaurant in Duluth/Superior Area For Sale - 11138

Price
$649,900
Location
Industry
Category
Bar & Restaurant
Description

Established Bar/Restaurant with over 70 years of history located in the Duluth/Superior area with yearly revenue increases. With over 12,000 square feet, the bar area seats 130, dining area seats 100, plus downstairs event center seating for 200. Building completely remodeled including RTU’s, kitchens and bars on both levels including all the new equipment, all on a 4-acre parcel. Owner financing available. 

Listing ID
11138
Value From Year
2018
Cash Flow
$126,428
Equipment Price
$100,000
Gross Sales
$800,000
Reason for Selling
Other Business Interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
99
Full Time Employees
5
Part Time Employees
20

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