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Business For Sale

Established Restaurant/Bar & Convention Facility

St Cloud/Benton, MN, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$795,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1971
21
6543391
Owner Financing is Available

Business for Sale Overview:

Here is a well established restaurant and convention center in a high traffic location with numerous seminars, meetings, banquets and weddings booked for the upcoming year. This facility is connected by an enclosed walkway to a large Best Western Hotel providing an excellent compliment and source of customers for this business. Also provides outside catering services. Long time owner wishes to retire. Tremendous up side potential for ambitious owner/operator. This may be the best value of any food and beverage opportunity on the market.

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:

On 1.43 acres, parking for 110 cars, building is approx. 13000 square feet. High traffic location - over 25,000 cars per day. Lounge area seats 90, dining room & multiple meeting rooms can accommodate up to 280. Large banquet style kicthen. See www.cbcorion.com/michaels.html for more details and pictures.

Market Competition and Expansion:

One of the few convention type facilities in the area.

Reason for Selling:

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.

Resources:

 

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