Business for Sale The Country Bar and Grill 3006 Lyndale Avenue Minneapolis, MN 55408 Please Contact: Michael N. Palm, Sr. Senior Vice President Business Brokerage Group Phone: (612) 904-7814 Cell: (612) 819-0706 mpalm@cbcgriffin.com All information furnished is from sources judged to be reliable, however, no guarantee is made as to its accuracy or completeness. cbcgriffinbusinessbrokerage.com 1221 Nicollet Ave S., Suite 300 - Minneapolis, MN 55403 612-338-2828
EXECUTIVE SUMMARY THE COUNTRY BAR AND GRILL 3006 Lyndale Avenue Minneapolis, MN 55408 General Information: Facilities: Kitchen, hood/ventilation and basement storage capacity. Ability to add 20+ additional seats/stools. Competition/Growth Expansion: Voted "BEST Dive Bar" by City Pages. Excellent location including food/bar/games. Support or Training: As needed Reason for Selling: Other Interests Year Established: Many years in business Price: $289,000.00 Highlights of Property: Voted "Best Dive Bar" in the Twin Cities by City Pages High-volume manageable bar for owner/operator Excellent location at Lake and Lyndale Kitchen hood and grill/fryer and refrigeration Storage and office in basement level Room to expand additional seating for increased revenues 3rd generation bar operation by grandson Use of the proprietary recipe for Buffalo Wings by Shorty & Wags Potential expansion to upper level 2 bedroom apartment and deck (lease to be determined) Possible Option to Purchase of real estate/building to be determined within lease Great karaoke music Priced to sell with great Owners Adjusted Net Income 2 The Country Grill and Bar
ADDITIONAL PHOTOGRAPHS ADDITIONAL PHOTOS "1. Country Bar and Grill Sometimes one wants to drink with the dead. Bellied up to the bar inside this Lyn/Lake institution, you'll find yourself surrounded by animal hides and ghosts of drunkyards past. The thick smell of hot grease permeates the bar, now that the smoking ban passed from news into normal. Order cheese curds and a brew, but don't come expecting to see the pretty people. Those youngsters just finding their well-accessorized way through Uptown won't be passing through these doors. This is for the gnarly, unkept crew, those who remember the early days of complaining about the unending gentrification of this funky 'hood. The jukebox is likely to spin some old Johnny or Waylon tunes, songs about men accustomed to strong drinks and hard women, as timelessly weary and cool as the Country Bar itself. (3006 Lyndale Ave, Minneapolis)" 3 The Country Grill and Bar
MAPS & AERIALS MAP & AERIAL 4 The Country Grill and Bar
Mike Palm, Sr. (right) and his son Mike, Jr. (left) received the #1 Ranked Agent in North America for the Hospitality Segment from President of Coldwell Banker Commercial, Fred Schmidt (middle), at the recent CBC Worldwide Conference in Orlando. In addition Mike, Sr. was recognized as the #1 Ranked Agent in Minnesota and Top 2% Agent in North America.
LEADER IN BRAND AWARENESS NREI: "Which commercial real estate companies have you heard of?" Leading the way in Name Recognition Coldwell Banker Commercial (CBC ) continues to remain an industry leader among commercial estate service providers. The results below detail the Coldwell Banker Commercial organization s leadership position in aided brand awareness among readers of National Real Estate Investor (NREI) and The Wall Street Journal. Source: Penton Media conducted the survey on behalf of the Coldwell Banker Commercial brand. The survey targeted commercial real estate developers, owners, managers and corporate users from 09/06/12 through 09/25/12. Based on a sample of 133 respondents with a margin of error of +/- 8.4% at the 95% confidence level. The Wall Street Journal: With which brands are you very / somewhat familiar? Source: Base: Total respondents (1,231); independent market research firm Beta Research Corp., in conjunction with The Wall Street Journal s marketing department, conducted this national survey among top and middle manager Journal subscribers responsible for their organization s corporate real estate purchase decisions. Fielded July-August 2011; 61% response rate. Based on a sample of 1,231 respondents with a margin of error of +/- 2.8% at 95% confidence level.