ORION REAL ESTATE

Main Offices: 630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax

BUSINESS SUMMARY

    

TYPE:  Liquor bar and Banquet Center
NAME:  Paul’s Par-a-Dice
LOCATION:  Main Street – Albany, MN. 15 minutes west of St. Cloud off I-94.
SIZE: 2 Adjoining buildings. 1-25’ x 60’and 1–50’ x 100’ both with full basements and upstairs.
SEATING CAPACITY:  Main bar seats 20 and 21 at tables in bar area.  Adjoining banquet center will accommodate up to 600  people. Separate upstairs bar which is available for private parties, etc. seats 15 and 30 more at tables.
EMPLOYEES:  6 part time and 2 full time. Absentee owned –owner does not work at the bar.
HOURS: Noon – 1:00 am Sun – Fri; 9:00 am – 1:00 am on Saturday
PARKING: Street parking at the door; Private parking lot in back for 24 cars +
PULLTAB RENT:  $600-700/month
MACHINE INCOME:  $300/month
LIQUOR LICENSE:  $2000 including Sunday liquor.
HEATING SYSTEM:  Gas forced air with central air conditioning (nearly new).
GROSS INCOME:  $593,566 (2006) - 75% liquor; 25% food.

PRICE:  $625,000

COMMENTS:  This is a well established money making liquor/food operation located just minutes west of St. Cloud. Building and equipment are in excellent condition. Very steady clientele. 66 events already booked for 2008 and more are anticipated! You won’t find a better bar/restaurant opportunity anywhere.  Excellent opportunity for the right person.

CALL MIKE SCHMITT TODAY FOR MORE INFORMATION
 (320) 251-1177

Or Contact us via Email at  Coldwell Banker Commercial-Orion

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.