Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$349,000	Inventory	$10,000**
Gross Income	$946,601	Real Estate
Cash Flow	$92,470	Year Established	1998
FF&E	$200,000*	Employees	1ft/14pt

* included in the asking price

** not included in the asking price

Well established business with 2 profitable concepts. TK Brand Steakhouse has a great menu featuring steaks, prime rib, walleye, ribs and serves good pasta dishes. Pappy s Bar opens nightly and is the college hot spot with pool and dart leagues, karaoke and live entertainment. Upstairs Pappy s has a separate banquet facility with its own bar for patrons to have their own party.

Facilities: 40x42 Steakhouse, 30x36 Kitchen 75 x 70 Bar side * 36 x 60 , 2nd floor banquet room

Competition: Very Good. Closest bar to college campus. Steakhouse has a solid business. All equipment is top notch and clean.

Growth/Expansion: Great location. Directly across the street from U of M Marshall Campus. TK Steakhouse and Pappy s Bar will profit from the construction of the new athletic building. Catering and banquets are good growth areas. Also, new buyer would have first option on purchasing an additional bar from owner.

Financing: $300,000 down, with seller financing

Support/Training: 30 days for new owners

Reason Selling: Moving out of present location