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Business For Sale
RESTAURANT/BAR/BANQUET CENTER
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Asking Price: |
$375,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Divest of property |
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Year Established:
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1958 |
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# of Employees:
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none |
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Yearly Revenues:
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$Currently closed |
Business for Sale Overview:
Long established premier supper club, entertainment, and banquet center, formally “The Chalet”. Located on College Drive in Marshall, MN This establishment is located across the street from University of Minnesota Marshall Campus. Facility features 2 separate bar areas, 3 separate dining rooms and a full kitchen. Additionally there is 2,352 sq of storage in the basement.
Property Features and Assets:
7,466 sq ft, on 28,125 sq ft lot.
Market Competition and Expansion:
Although presently closed, former owners had revenues of over $850K.
Marshall is the business and cultural hub for Southwestern Minnesota with a population of over 12,000 and growing.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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