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Minnesota Business For Sale |
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| RESTAURANT IN WAREHOUSE DISTRICT |
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| Attn: Matt Schroder |
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| Twin Cities/ St. Paul/ Minneapolis, 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: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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other business |
| Year Established: |
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1986 |
| Yearly Cash Flow: |
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$22,466 |
| Yearly Gross Income: |
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$606,376 |
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Business for Sale Overview:
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This restaurant business has what every business needs, location, location, location! The business is located at street level with large wrap around windows. It is located in downtown Minneapolis and is located perfectly between the Target Center and the new Twins stadium in the warehouse district.
The restaurant has approximately 2,700 square feet of space and seats 100 plus guests plus there is an additional 654 square feet of office and storage space at a lower rate. Also available for parties and catered events is a beautiful 5 story atrium allowing the buyer endless options. The lease is transferable and secured until 2015 and has two three year options beyond that for an interested party. Included in the lease rate are electric, garbage and water.
This is a turnkey operation and beautifully built out restaurant and kitchen. The business would cost over 1 million dollars to set up the dining room and kitchen today. The kitchen is fully ventilated and up to code and there is also a coffee and wine bar. The sellers would prefer someone looking to employ there own concept to this exclusive location. This business is in a very high traffic entertainment zone that currently only serves beer and wine and is open limited hours. This would be ideal for someone interested in catering to both the working and residential crowd that frequents the downtown nightlife and adding a full liquor license would significantly increase sales and profits.
The sellers are willing to finance a qualified buyer along with assisting in training and transition.
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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