We are pleased to present this 6,400 +/- sqft turn-key business exclusively for sale, located at 147 S 1st Ave E in Malta, Montana. This main street business is commonly known as “The Lucky Bullet Sports Bar & Casino” and “The Lucky Bullet Hole.” The commercial lot measures 40' x 89' with the building offering 3,200+/- square feet on each level. Located conveniently within a one-block radius of Highway 191 S and Highway 2, in Malta’s highway commercial district (H-C), the business is in a highly visible, high-traffic area with many passers-by every day. The bar with its friendly and fun atmosphere is frequented by local patrons, annual travelers, hunters, fishermen, and more. The current owners have been operating the Lucky Bullet for 16+ years, it is a well-known, established business in our community. It hosts many local events including, weddings, receptions, anniversaries, class reunions, birthday parties, weekly pool and dart leagues, pool and dart tournaments, local chamber events, karaoke, fundraising events, and televised sporting events to name a few. The maximum occupancy of the building is 145 people on the main level and an additional 200 people in the basement, giving an owner the opportunity to host many large multilevel events. The 3,200+/- sqft on the main level has undergone an extensive remodel in recent years including, new paint, flooring, and lighting, a new horseshoe bar, a remodeled casino with 20 leased machines, a new walk-in cooler, office, a private kitchen, many equipment updates, and more. The main floor of the sports bar has buddy bars with stools, a jukebox connected to a TV (that plays music videos), pool tables, dart machines, a private casino area, a Montana lottery machine, an ATM Machine, a private kitchen that offers a variety of fried foods and pizza on the main level of the bar, walk-in cooler, 12 flavors of beer on tap, (6) big screen TVs (always playing sporting events), an office, men’s and women’s restrooms, and storage areas.
The remaining 3,200+/- sqft are in the full basement, where you will find “The Bullet Hole.” A large open reception and dining area that is great for hosting various events. There is a full commercial kitchen with a walk-in cooler, a dining area, a dance floor, a band/DJ stand, a full bar, two men’s and two women’s restrooms located both off the bar and the dining area, and multiple storage areas. The space has one main entrance/exit to the main floor bar foyer and two additional entrances/exits to both the front and rear of the property. This space is currently used and leased out for events only and is not fully operating daily. In the past, it has been used as a fully operating restaurant and bar. There is the potential to open your own restaurant or the possibility of earning a consistent rental income by leasing the space out monthly to a restaurant owner/operator.
The Bar has been in operation in our community for several years, 16+ years with the current owners, proving it to be a profitable established business. Income statement available to qualified buyers. Training is available (terms to be agreed upon) to help get your business off to a good start and continue with the success the current owner has started. The building, equipment, and supplies necessary for the operation of the business are included in the sale. Please contact us for the full equipment list. This well-established sports bar is ready for a new owner to step in and take over!
The liquor/catering license allows outdoor liquor and food sales both on and off the premises.
Call us today to schedule a private showing of this property. Virtual Tour and Interactive Map are available upon request.
2022 Taxes were $3,051.67.
The asking price is $650,000.