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Business For Sale

Fabulous Italian/American Rest/Pizzeria on lake

Forest Lake, MN, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$249,000
$438,750
Not Disclosed
$80,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1996
12
727215588

Business for Sale Overview:

Vibrant concept with original menu, excellent location and reputation. Smart, efficient, Chef-designed kitchen capable of high volume and highest standards. 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 at every table. Seats 80+ w/20 more on seasonal balcony/patio. Highly profitable operation with only 5 day/wk, sales are up 8% in 2009. Includes full liquor license.

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:

3,455 square feet retail/storage Lease: $3,675/per month

Market Competition and Expansion:

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!) New owners can easily increase sales: expand hours serve breakfast and brunch, 7 days/wk delivery, happy-hours.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 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.
 

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