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ORION
REAL ESTATE
| Main Offices: 630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax |
-FOR SALE-
NAME: Earl’s Bar
TYPE: On & Off Sale Liquor – No food or entertainment
SPECIAL FEATURES: Reputation for the best Old Fashioned cocktail
LOCATION: Downtown Business District, Melrose, MN
BUILDING TYPE: Brick exterior; New roof in Sept 08
SEATING CAPACITY: 13 at bar; 6 booths and 3 tables in bar area.
#EMPLOYEES: 2 part time and 1 full time (owner)
LIQUOR LICENSE: $1800 on & off sale – no Sunday liquor
EXPENSES: Utilities average $300/mo; Liquor Liability Ins. $850/yr; Reg Ins. $1,500/yr
HVAC: New 90+ Gas furnace
INVENTORY: Approx. $16,000
REAL ESTATE TAXES: $700
PRICE: $125,000 + Inventory TERMS: Possible Seller Financing
COMMENTS: This bar has been owned by the same owner for 52 years. Yes, 52 years! This 85 year old wishes to retire and turn over the business to a new owner. Seller will pass on his drink recipes for his Old Fashioned and other fancy cocktails. This has been a popular watering hole for five generations. This is a liquor bar with no food or entertainment. Plenty of parking. Low overhead operation with lots of potential to increase sales with light food, happy hours and other promotions. This is an opportunity of a lifetime!
CALL MIKE SCHMITT TODAY FOR A PERSONAL SHOWING
(320) 251-1177
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.