MergerPlace

Restaurant, Casino and Bowling

Montana


  • Asking Price: $350,000
  • Gross Income: $283,120
  • Cash Flow: $48,368
  • Real Estate: $230,000
  • Inventory: $2,500
  • FF&E: $100,000
  • Listing ID: #212655
  • Established: 1950
  • Employees: 6 PT

Business Description

Located in Prime Montana Hunting territory where elk, deer, antelope and upland game birds abound is this community anchor restaurant, featuring electronic gaming and bowling. About two-thirds of revenue is generated in food service while the remain third is generated mainly through gaming portion. Business earns a generous 55% of gaming machine revenues with the other 45% going to machine owners. Must be able to pass extensive background check to qualify for gaming and liquor licenses. Cafe is only open 5 days a week and could easily generate more revenue with an energetic person opening the other two days. Good employees are available in the area.

The buyer profile for this business is someone willing to relocate to a rural Montana community, has restaurant experience, is friendly, wants to have a slower lifestyle and is willing to support the community schools, groups and clubs. A credit score of 680 or higher should qualify you for Lender Financing. Cash needed is roughly a $70,000 down payment and $15,000 operating capital. Operating capital could be built into the financing package.

If you are interested in a rural lifestyle and a business that can support you, this is your place. Inquire Now!


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Montana

Company Information

Year Established: 1950
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $283,120
Cash Flow: $48,368
FF&E: $100,000
Inventory: $2,500
Real Estate: $230,000
Seller Financing Available: Yes

Property Information

Facilities:

Facilities include a restaurant, casino and 5 lane bowling alley inside a 7,900 foot building.

Growth & expansion opportunities:

Seller currently closes 4-5 weeks per year for family vacation and is open only 5 days per week to lower the stress level in the family. With daily deposits right around $1,000 per day, an energetic buyer who increases days open to 6 from the current 5 and not closing for 4 weeks buyers could potentially add another $50,000 to gross revenue with most fixed costs unchanged.

Competition:

There are two other area places to eat. Menu selection is main draw to the subject business.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 4 weeks @ $0 cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tom Nelson

Murphy Business Brokers