Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$350,000	Inventory	$5000*
Gross Income	Not Disclosed	Real Estate	$300,000*
Cash Flow	Not Disclosed	Year Established	1948
FF&E	$45,000*	Employees	12

* included in the asking price

** not included in the asking price

The El Rancho has been a long established restaurant and bar serving Bannock County for generations. The previous owners lost track of the food side of the business and did not promote a strong and viable customer package. In late 2008, El Rancho was taken over with the intent of creating a destination package that would feature a generous menu with excellent service and promote a modern lounge with new decor, new lighting, four modern and spacious ADA bathrooms, 33 degree 8 tab beer, professional grade pool tables, and an outdoor deck that overlooks the professional horseshoe field. In December of 2008, the new El Rancho was introduced to the market and has now posted stronger sales in the first month of business than the old owner s three year history had been. El Rancho serves customers that include travelers from Utah on Interstate 15, downhill skiers, snowmobilers, cross country skiers, road bikers that enjoy the friendly-clean environment (the horse shoes are just a plus), construction workers, locals and is a destination draw for customers from Pocatello. The Owner s focus is to develop a family destination with no smoking, a clean atmosphere and excellent service. The new El Rancho has only been operating for 2 months and is meeting the needs of a very diverse customer base.

Facilities: The 3,600 square foot commercial building is located on 175 feet of Highway 30 frontage on acre. There is parking in the front and plenty of parking to the rear. Four modern, completely remodeled ADA restrooms have auto lights-water and tile!! Inkom, Idaho (population +/- 800), is located 15 miles south of Pocatello. From the deck of the restaurant you can overlook the Portneuf Valley and look upon Pebble Creek ski hill.

Growth/Expansion: Although the Owner trained with a cosmopolitan hotel in the food industry and is very qualified to operate El Rancho, they were backed into the ownership. They took a worn and tattered asset and for six months fully remodeled the property with the intent of creating a modern Caf -Bar that would become a destination site. The operation side of the business is complete.

Seller Financing Available: Yes

Support/Training: El Rancho has established the basis for operation of the restaurant and bar. The Owners have committed to develop an operation process; this is an exceptional opportunity for an owner that has worked in the food industry. The Owners are selling assets and will carry a contract at a very attractive 5% interest rate for a qualified buyer.