Business for Sale Overview:
This has been a very successful business for over 40 years. The Nicklow family (famous for their restaurants) opened it in 1968 and ran it for years. After a fire in the 90's, the building was remodeled and eventually became the "Fridley Crabhouse"! Location, location, location is everything! This business is located in a prime and commercial area just North of Interstate 694 on Central Avenue. (Highway 65) and Moore Lake Drive. Beautiful piece of property on the north side of Moore Lake. Spacious parking lot. Large outdoor patio. Several rooms for banquets and private dining! The lounge/ sports bar has been famous for their "happy hours" and the "Live" regional bands that have performed there for years. Currently closed, the owner is looking for an operator to take over the building with a lease with an option to buy. New operator will have full use of all equipment and assets on premises, those that are necessary to run the business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Building Size: 8,000 square feet
Acreage: 2 acres
Lease: $15,000 per month triple net Lease is negotiable depending on terms.
Market Competition and Expansion:
Now is a perfect time to "realize the dream" of having your own business. Everything is here waiting for the right owner/operator/management to take charge and create their niche in the market place. What better site could you possibly find to start your own business than on a location and in a building that has been proven successful for years!
Reason for Selling:
Other interests
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.