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Minnesota Business For Sale |
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| BAR/RESTAURANT/NIGHTCLUB/BANQUET CENTER |
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| Attn: Steve Swenson |
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| NW Suburb, MN, USA |
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| Asking Price: |
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$1,900,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Bars, Clubs, Nightspots |
| Reason for Selling: |
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Relocating. |
| Year Established: |
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2000 |
| # of Employees: |
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5FT/15PT |
| Yearly Revenues: |
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$1,200,000 |
| Yearly Cash Flow: |
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$210,000 |
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Business for Sale Overview:
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Many devoted customers, just love this bar and so will you! Located on Hwy 10 which draws customers from Surrounding area on a regular basis. Known for its “National” and “Regional” artists, this bar has a very strong and loyal customer base and real numbers to prove it! This is by far the “hottest” nightclub in a 40 mile radius.
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Property Features and Assets:
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Plenty of action to be had every night. There is never a dull moment. Owner keeps things jumping every night with live music, karaoke, bar bingo, Texas hold-em and meat raffles. Built new in 2000! Owner can verify numbers (P+L’s) and Cash Flow! This is a great investment opportunity for someone looking for an established nightclub with positive cash flow! Outdoor concerts are a big hit in the summer and there is room to have many more than already planned. The Off Sale generates $350-$400K.
Bar/ Rest. Revenue is currently 50%/20% with Off Sale at 30%. Restaurant could be stepped up to increase revenue. Banquets and private parties are also options. 2 outdoor heated and enclosed patios for smokers sets this place apart from the rest!
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Market Competition and Expansion:
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Business sits out in the country but don’t be fooled for a minute, this establishment is right in the heart of a huge residential development boom that took place in the past 15 years and still growing today! Location is everything and this place is on Highway 10 and just minutes from I-94. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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