Description
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. Highly profitable enterprise nets an average of $250,000/year. Sales price equals a 15.6% CAP RATE for the average net profit for 2022 and 2021. Seller financing available. 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. A friendly vibe of locals and visitors alike. Just 5 miles from the turnoff to Brundage Mountain, 11 miles to McCall. A great opportunity to step into a stable, high income producing business.
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2BEDS
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0.36ACRES
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4BATHS
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01/2 BATHS
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8,120SQFT
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$197$/SQFT
School Ratings & Info
Description
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. Highly profitable enterprise nets an average of $250,000/year. Sales price equals a 15.6% CAP RATE for the average net profit for 2022 and 2021. Seller financing available. 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. A friendly vibe of locals and visitors alike. Just 5 miles from the turnoff to Brundage Mountain, 11 miles to McCall. A great opportunity to step into a stable, high income producing business.
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