Minnesota Business For Sale

Bar Harbor Supper Club on Gull Lake!

Brainerd Lakes Area, MN

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$4,500,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1938
70
574811071

Business Overview:

Located in the heart of the beautiful Brainerd Lakes Area, Bar Harbor Supper Club has established itself with a long history as a highly desirable destination for casual dining in a unique nautical atmosphere. The current Bar Harbor facility opened in 2004 and incorporates the history and style of the former buildings. With its premier location on Gull Lake, Bar Harbor also accommodates customers arriving by boat with docking facilities for up to 32 boats. This new facility is a 7,579 square foot restaurant constructed with a nautical theme throughout that features the long history of Bar Harbor. There is also a full basement for storage. With a seating capacity of approximately 230 indoors and about another 100 on the patio, Bar Harbor is now able to handle the current demand and is prepared to service the anticipated continued growth of the Brainerd Lakes Area. This established business offers an excellent opportunity to own an award winning restaurant with a premier location that draws customers from throughout the Brainerd Lakes Area.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Restaurant: Approximately 7,579 square feet. Patio Bar: Approximately 166 square feet. Staff House: Approximately 1,140 square feet. Garage: Approximately 640 square feet. Sits on a 5.5 acre parcel with 702' lake frontage on Gull Lake capable of docking 32 boats.

Market Competition and Expansion:

Although there are a variety of dining options available in the Brainerd Lakes Area, it is perceived that most of the restaurant's competitors are complimentary to the business, because the overall effect on the market is to attract more people to the area. Key growth opportunities would be: additional development of the site, expand breakfast and brunch and convert garage to liquor store.

Reason for Selling:

Pursue other interests. Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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