Description
MAJOR PRICE REDUCTION, PRICED TO SELL! NOW AT $1,299,000. WITH $250,000/YEAR NET PROFIT = 19.24% CAP RATE! SELLER FINANCING at 5.5% interest, amortized over 30 years, due in 5 years = $188,000/year POSITIVE CASH FLOW! The Intersection BBQ, Bar and Grill, a New Meadows, Idaho long time tradition, is now for sale for the first time. Sale is turn key and includes the 8,120 sf commercial building, the business, the FF&E and the full liquor license. Indoor seating capacity of 110. Outdoor patio and stage seats an additional 52. Fully sprinklered building includes an adjoining retail shop, 5 leased offices and a 2 bedroom 1 bath apartment, ideal for a manager or employees. Also extra storage space. The famous BBQ menu and food from scratch offerings have created a large and loyal fan base. Charming dining area with custom tables and old oak floors. Large bar with massive antique Brunswick Back Bar. Brands from nearby cattle ranches adorn the walls. CALL FOR TOUR AND FINANCIAL DETAILS!
Directions: Downtown New Meadows, 2 blocks west of the intersection of Hwy 55 and US 95.
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0BEDS
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0.36ACRES
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0BATHS
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01/2 BATHS
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8,120SQFT
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$160$/SQFT
School Ratings & Info
Courtesy of Crawford Olson Real Estate Services.Description
MAJOR PRICE REDUCTION, PRICED TO SELL! NOW AT $1,299,000. WITH $250,000/YEAR NET PROFIT = 19.24% CAP RATE! SELLER FINANCING at 5.5% interest, amortized over 30 years, due in 5 years = $188,000/year POSITIVE CASH FLOW! The Intersection BBQ, Bar and Grill, a New Meadows, Idaho long time tradition, is now for sale for the first time. Sale is turn key and includes the 8,120 sf commercial building, the business, the FF&E and the full liquor license. Indoor seating capacity of 110. Outdoor patio and stage seats an additional 52. Fully sprinklered building includes an adjoining retail shop, 5 leased offices and a 2 bedroom 1 bath apartment, ideal for a manager or employees. Also extra storage space. The famous BBQ menu and food from scratch offerings have created a large and loyal fan base. Charming dining area with custom tables and old oak floors. Large bar with massive antique Brunswick Back Bar. Brands from nearby cattle ranches adorn the walls. CALL FOR TOUR AND FINANCIAL DETAILS!
Directions: Downtown New Meadows, 2 blocks west of the intersection of Hwy 55 and US 95.
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