Business for Sale Overview:
One of a Kind! Very successful large two story Bar/ Restaurant/Nightclub located in a historical part of Minneapolis near downtown. Great parking, large outdoor patio! Everything is in Great Condition! Great numbers and cash flow! Must see!
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:
18,000 square feet.
Lease: $10,000 per month NNN.
Market Competition and Expansion:
This very popular business has done extremely well since its conception and has thrived throughout economic good times and hard times. This establishment is a “one of a kind” business in the Twin Cities Metro area and has done steady sales numbers for nearly 3 decades and 4 Presidents. Owner is retiring. Sales continue to stay steady despite this economy. The current owner is not doing any marketing and is letting the business run itself. A new owner with fresh ideas could take this business and increase revenue dramatically. Choice property for future development! Condos, Townhomes, etc. Developer could buy property and leaseback to owners for 5-10 years at market rate. Change venue to a large major downtown restaurant.
Reason for Selling:
Retirement
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.