Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!

Business For Sale

Nightclub Sports Bar Restaurant

Minneapolis, MN, USA

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Year Established:
Employees:
Listing Number:
$1,050,000
1984
16 Full Time, 52 Part Time
331615588
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,200,000
Not Disclosed
Not Disclosed
Not Disclosed

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 below. 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.

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

Nightclub Sports Bar Restaurant
Business Listed By:
Steve Swenson
Hospitality Services Corp
contact the seller
Looking to Buy A Restaurant?
Franchises That May Interest You!
Rated the #1 Printing Franchise in the industry by Entrepreneur Magazine, Minuteman Press International is a one stop center for all of your printing and graphic needs.
Handyman Matters is an industry leader in the growing handyman repair and improvement industry for residential and commercial properties.

 

Please Note: The Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these business for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.