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Business For Sale

Fabulous ZA Italian/American Rest/Pizzeria on lake

Forest Lake, MN, USA

Food & Beverage: Restaurants, Fast Food, Deli

Owner Financing is Available
Make offer, $70K assumable SBA loan
Asking Price:
Year Established:
Employees:
Listing Number:
$425,000
1996
15
727215588
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$461,351
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

$425,000 Full concept/$295,000 build-out & equip only. Vibrant concept with original menu, excellent location and reputation. Crisp, clean, upscale floor plan/décor easily converted to many concepts. Superior build-out, very well maintained. Park/lakeside location in new commercial/residential condominium complex with outstanding Lake views from every table. Seats 80+ w/20 more on seasonal balcony/patio.

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:

3,455 square feet retail/storage Lease: $5,572 per month includes CAM. 5 year lease with 5 year option

Market Competition and Expansion:

Highly profitable operation w/only 5 days/wk. Full liquor is available. New owners can easily increase sales: expand hours serve breakfast and brunch, 7 days/wk delivery, happy-hours. Restaurant situated on $3,000,000.00 newly constructed in 2004 lakeside development with parks and boating dock which also provides parking lot for restaurant – fully maintained year round by city (no extras property taxes or snow removal!)Very strong location with only restaurant space of its kind at fast developing community. Considered by most to be “best restaurant in the area”, yet full adaptable to any new concept.

Reason for Selling:

Other interests

Additional Details:

  • The property is leased.
  • 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.

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.

Additional Information

Fabulous ZA Italian/American Rest/Pizzeria on lake
Business Listed By:
Jerry Vlaminck
Hospitality Services Corp
contact the seller
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