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Minnesota Business For Sale |
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| RESTAURANT/BAR/ENTERTAINMENT |
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| Attn: Jerry Vlaminck |
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| West of St Cloud, MN, USA |
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| Asking Price: |
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$300,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Bars, Clubs, Nightspots |
| Reason for Selling: |
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Getting married |
| Year Established: |
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1494 |
| # of Employees: |
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3 Full Time / 8 Part Time |
| Yearly Revenues: |
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$365,000 |
| Yearly Cash Flow: |
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$64,388 |
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Business for Sale Overview:
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Well established bar and grill with sales up $45,000 in 2007. New remodel in 2006. Restaurant seats 50. Lounge seats up to 80 with extra room for banquets/entertainment. Full Menu including breakfast, lunch, and dinner selections. Best food in town!
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Property Features and Assets:
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11,200 square feet, 5,600 square feet on each floor on city lot. |
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Market Competition and Expansion:
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Very good. No competition within 5 miles. Business is the only restaurant in town of 600. Only 15 minutes west of St. Cloud with population of 50,000. 6 apartments upstairs are fully rented. Building has new roof, windows and siding (2006).
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Additional Details:
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- The property is owned.
- The owner is not 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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