Established for over 50 years-neighborhood type bar and restaurant near the Capital in St. Paul. Sale includes building and property. Seating for 120-plus an outdoor patio for smokers. Music on weekend and lots of of promotions and special events each week. Building about 5000 square feet; adjacent parking lot and non-metered street parking; land about 9950 square feet. Owner works part time; great staff, three full time and eight part time. Events include boxing (outdoor), lottery and pull tabs, bingo, golf tournaments, raffles etc.
Business sales are trending upward, from $230,000 in 2011, to over $300,000 in 2012, and sales for 2013 are up over 15%. The business is profitable.
Asking $450,000 for land, building and the business. Land/building appraised in 2012 for $380,000.