For Sale by Owner: Oscar\'s Restaurant, Grangeville, Idaho

101 E Main St, Grangeville, ID 83530

$200,000 After Repair Value -
$125,000 Asking Price -
$0 Cost of Repairs =
$75,000 Potential Profit

Property Details

Asking Price $125,000

After Repair Value $200,000

Costs of Repairs $0

Potential Profit $75,000

Living Area 7000 ft2

Property Type Commercial Property

Bedrooms 0

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

FOR SALE BY OWNER: OSCAR\'S RESTAURANTLocated at: 101 E Main St, Grangeville, ID 83530Website: - Price: $150,000Oscar\'s Restaurant, Established in 1983, can be found on Main Street in the middle of the quaint and friendly city of Grangeville, Idaho. It resides in a beautiful Historic three story brick building that houses apartments upstairs and was built in 1912. The Restaurant resides on the main level in a Leased space of 7,000 Square Foot. There is also a full unfinished basement included that would work fantastic for a brewery or distillery to have tanks come up through main floor.Oscar\'s is currently rebuilding after the owner has taken it back from a lease arrangement. Gross Revenue is $400k.The interior fixtures, including equipment, the awning out front, all of the taxidermy (elk, grizzly, bobcat, etc) are on loan and not included in the sale price, however could be negotiated to remain on site after purchase.There is a Liquor license for purchase valued at $50,000. This is included in the selling price of $150,000. The last Liquor License in town sold for 54k two years ago.There is an Inventory $12k consisting of food and alcohol. Inventory with purchase (if any): we would discussThe City of Grangeville resides in the heart of Idaho with the single, major highway 95 flowing through it. It is the county seat of Idaho County, Idaho, United States with a population of 16K + residences. The City lies where the Camas Prairie and Nez Perce National Forest converge before rising 2800 vertical feet from the floor of the prairie to provide an unequaled backdrop for the City of Grangeville. Whatever it is you like to do outdoors, Grangeville offers a great place to hang your hat while enjoying a wide range of outdoor recreation from hiking, snowmobiling, white-water rafting, hunting and fishing, the area around Grangeville covers it all! With the constant stream of tourism, the main thoroughfare, and the active local community, Oscar\'s can easily be a key establishment for this area.If you are interested in more pictures, or information, please contact Mike Asker, -

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