Fun and Profitable Historic Saloon & Grill
Wallace, ID
| Asking Price: | $180,500 |
| Gross Revenue: | $517,500 |
| FF&E: | $57,500 |
| Cash Flow: | $140,950 |
| Inventory: | $10,000 |
Listing ID: 2257198Listing provided by BizBuySell
BUSINESS DESCRIPTION
Restaurant and full service bar
Discover an incredible opportunity to own a vibrant and lucrative piece of history in the heart of a charming North Idaho community. The restaurant enjoys a prime location that attracts both locals and tourists alike. Presenting a cherished landmark — a historic saloon and grill that blends rich heritage with modern hospitality.
Contact us today to seize this extraordinary opportunity and embark on a journey filled with flavor, tradition, and prosperity.
DETAILED INFORMATION
Location
Wallace, ID
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,500
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is leased with approximately 48 months remaining.
Competition
You will not only acquire a full-service restaurant and bar but also the exclusive facility in the area featuring an indoor golf simulator. This unique combination offers a versatile entertainment venue, appealing to both golf enthusiasts and those seeking a vibrant dining experience. It presents a rare opportunity to own a business that combines recreation and hospitality in a way that stands out in the local market.
Growth & Expansion
There are many opportunities to continue to expand revenue including, but not limited to:
1. Expand the number of days a week the business is open (5 days to 7 days a week)
2. Include a breakfast offering
3. Expand the hours the business is open
4. Market as a conference facility
5. Increase advertising and marketing
6. Events (Live music, DJ, trivia, etc)
Financing
Cash out, traditional, SBA, and seller financing
Support & Training
In an effort to support the new owners, training is negotiable in a PSA (Purchase and Sale Agreement) and four weeks at a minimum will be included in the asking price.
Reason for Selling
Retiring
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