Historic Bison Bar

Established in 1900, the Bison Bar stands as one of eastern Montana’s most iconic watering holes, located at 618 Main Street in downtown Miles City. For over a century, it has served as a welcoming gathering place, embodying the spirit of the Old West with its rustic charm and storied past.

The Bison Bar plays a central role in the annual World Famous Miles City Bucking Horse Sale, held every third full weekend in May. It hosts the opening night Calcuttas, where rodeo fans and locals come together to bid on bronc riders and wild horse racers, setting the tone for a weekend of high-stakes excitement.

This listing includes a coveted All-Beverages liquor license with a gaming/gambling, catering endorsement, allowing for both on-premise sales and off-site beverage catering. The license is valued at $250,000 and comes with the building, bar equipment, and extensive catering gear, including refrigerated trailers, portable bars, and more.

1. Historic Legacy
   Established in 1900, the Bison Bar is a landmark institution with over a century of continuous operation in downtown Miles City.

2. Prime Downtown Location
   Situated on Main Street, it enjoys strong visibility, foot traffic, and proximity to hotels, restaurants, and local events.

3. $250,000+ Floating Liquor License
   Includes one of Montana’s coveted all-beverage “floating” liquor licenses, which can be used in other qualifying locations in Montana — a significant asset with standalone market value.

4. Central Role in Bucking Horse Sale
   The bar is a hub of activity during the world-famous Miles City Bucking Horse Sale, including hosting the kickoff Calcutta — a signature event drawing thousands annually.

5. Turnkey Operation
   Sale includes building, bar equipment, fixtures, and furniture — offering immediate operational continuity for an incoming owner or operator.

6. Catering Endorsement Included
   Liquor license comes with a catering endorsement, enabling off-site alcohol sales and event servicing — expanding revenue potential.

7. Authentic Western Aesthetic
   Maintains its original rustic charm, wood finishes, and Western atmosphere, resonating with both locals and tourists seeking an authentic Montana experience.

8. Strong Brand Recognition
   The Bison Bar name carries decades of goodwill and regional brand equity, making it a trusted and beloved destination for generations.

9. Event Revenue Potential
   In addition to day-to-day operations, the space supports special events, live music, private parties, and Bucking Horse Sale festivities.

10. Upside for Repositioning or Expansion
    New ownership could modernize operations, introduce food service, expand into tourism packages, or leverage the license in a new venue within the state.

With its prime location, historic significance, and versatile liquor license, the Bison Bar presents a unique investment opportunity in the heart of Miles City.