Palace Bar & Grill Downtown Montgomery ~ Includes Restaurant & Income Producing Apartments!

Montgomery, Minnesota Restaurant for sale: The Palace Bar & Grill in Downtown Montgomery. Includes all equipment, liquor license, 1 & 2 BR apartments. Great income potential from both

Palace Bar & Grill Downtown Montgomery ~ Includes Restaurant & Income Producing Apartments!


The Palace Bar & Grill in Downtown Montgomery. Great Business opportunity. Includes all equipment and liquor license, 1 & 2 BR income-producing apartments above. Game room area has pool tables and dart board. Room for a band. Dining area could be converted to office/retail space.



Location

Country:

USA

State or Province:

Minnesota

City:

Montgomery

Location Zip or Postal Code:

56069

Listing Information

Service Type:

Sit-Down Table Service, Counter Service/Fast Casual, Liquor Primary

Title of Listing:

Palace Bar & Grill Downtown Montgomery ~ Includes Restaurant & Income Producing Apartments!

Year Established:

Approx 1994

Number of Locations:

1

Number of Seats:

51-150

Size:

2693, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Growth or Expansion Opportunities:

Income-Producing apartments along with restaurant income potential

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Website:

https://www.edinarealty.com/yvonne-perkins-realtor

Financial Details

Asking Price:

$325,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Real Estate Owned

Contact Listing Owner