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Business For Sale

Restaurant-$175K cash flow~ Bank appr. Financing

Grand Rapids/Itasca, MN

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$625,000
$584,842
Not Disclosed
$177,523
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1963
20
157115588

Business Overview:

Highly profitable family restaurant on major Hwy in North central Minnesota. Currently a franchise with zero percentage franchise fee only pays $43/mo to use the name. Very clean and updated restaurant seats 125 w/patio area that seats 30. Lots of parking for travelers, campers, etc.

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:

4,068 sq ft. Includes Real Estate in purchase price. Newly painted block building.

Market Competition and Expansion:

Present owners have not aggressively promoted “To Go” sales or catering. Both would be possible with the facility and would add additional profit to a highly profitable restaurant. Market Outlook is Very Good

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 a franchise resale opportunity.

Resources: