Featured Listing: Restaurant, Bar and Event Center.

Restaurant, Bar and Event Center, This business was established in1983 and the current owners have operated business since 2003. The Restaurant and Bar area includes games, a large bar and a nice lounge/dining area.   The Event Center has two separate rooms, one room seats up to 100 people and works great for corporate meetings, groom’s dinners and personal parties. The large room seats up to 450 people for Weddings, Holiday Parties, and Bands etc. The owners indicate that there is tremendous potential to increase sales and profits by maximizing the amount of days the Restaurant and Bar are open per week and more marketing the Event Space and Catering. Right now the Restaurant and Bar are only open one day a week due to owner’s health and age, the rest of the business is from the Event Space. The building has been completely remodeled including new Roof, 2 Boilers, A/C, Exhaust, Make-Up Air, Flooring throughout and all new equipment in the kitchen. There are approximately 10 events booked so far in 2013. This business is located about 11/2 hours northwest of the metro.

FACILITY: The Business operates in about 9,500 square feet with beautiful hardwood floors and vaulted ceilings in the Event Space with plenty of parking.

EMPLOYEES:  2 owner operators with 7 part time employees.

GROSS SALES/CASH FLOW: Gross sales for 2011 were $114,000 and 2010 were $129,000.

ASKING PRICE: The owner is asking $310,000 for the business’s assets, name and goodwill, which includes furniture, fixtures, equipment and inventory, valued approximately $185,000 and $240,000 for the Building and Property. This is a turnkey operation and an outstanding opportunity for someone who has hospitality / event experience. Seller is willing to provide some financing to a qualified Buyer.

REASON FOR SALE:  Health/ Retirement.

Important Notice: The above information has been provided by the Seller.  Neither

The 20/20 Group, Inc. (d.b.a. Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness. 7710, 7711  b.k.

Featured Listing: Established Well Diversified Full Service Exterior Maintenance Company!

Established Well Diversified Full Service Exterior Maintenance Company in a lakes/resort area about 90 minutes west of the Twin Cities. This company was established 31 years ago by the seller. The business provides the following services: Snow Removal,  Dock & Lift installation, Landscaping, Sprinkler system installation & maintenance, Yard fertilization and weed control, Mowing, Tree removal, Stump grinding, Tilling, Sodding & seeding, and they provide inside boat storage. The business has a retail facility selling Docks & Lifts, and landscape supplies (rock, mulch, dirt, timbers, etc.).

FACILITY: The business operates from an approximately 10 acre parcel with 3 buildings (Retail Store & Office-4,780 square feet, Boat storage-12,000 square feet, equipment storage-5,440 square feet). The property is being offered for sale with the business.

EMPLOYEES: The business operates with a General Manager and 13-15 seasonal employees. The owner is not involved with the day-to-day operations of the business. New owner/operator could eliminate the GM position for increased cash flow.

GROSS SALES: 2010-$653,300; 2011-$732,800. The cash flow for 2011 for a semi owner absent was $166,250 plus some benefits. 2012 sales ytd are above 2011!

SALE PRICE: The owner is asking $675,000 for the Business to include Equipment.  (Equipment value-$340,000) $325,000 for Buildings and Land (Property tax statement value-$323,400) Plus inventory. Seller willing to carry financing to qualify Buyer (Contract for Deed).

REASON FOR SALE: Retirement

IMPORTANT NOTICE: The above information has been provided by the Seller. Neither The 20/20 Group, Inc. (dba Opportunities In Business) nor it’s agents guarantee its accuracy or comprehensiveness.  7664  b.k.