Business Overview:
Hutchinson continues to be a boom town in western Minnesota and Main Street is almost 100% occupied and full of businesses that continue to grow. People come from all over Western Minnesota to shop and eat! A town of approximately 15,000 people, Hutchinson has many big box companies including Best Buy, Wal-mart, Target, Menard’s, Buffalo Wild Wings plus the largest 3M plant in the United States. This is a golden opportunity for someone looking to open their own Restaurant/Bar for very low cost and overhead. This business is fully equipped and landlord will let the tenant use all the equipment as long as they maintain it. Where else can you find a business with 8,400 square feet for $2,000 per month gross lease.
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:
Business consists of a large dining room, 2 separate bars, one with its own lounge and the other a nightclub/banquet room for parties, ‘live’ music, etc. This gives it many opportunities to add revenue. Extra large kitchen has everything to produce any menu item from fine dining to burger baskets! Nine other businesses are located in the building and includes an elevator to restaurant (3 story building):
Tenants include: Drop and Go Shipping/ Vanguard Utility Partners/ Core Exercise(2 spaces)/ Lighthouse Counciling/ James Young CPA/ Crown Financial/ McCloud Alliance and available Restaurant space.
Market Competition and Expansion:
Located in beautiful downtown Hutchinson in a corner building just south of the intersection of Hwy 7 and Hwy 15. Building has a great view of Library Park which is just across the street! Plenty of room for an outdoor patio with a great view! Business has a very large and spacious dining area that would be great for weddings, parties and such. Restaurant is on the lower level of the building on Main St. a few blocks south of State
Traffic count 13,300
Big city parking lot
Outdoor patio opportunity
Full Liquor License available
Tenant could add a coffee/deli shop in foyer of building for extra business
Current and Prior Use: Originally a very successful upscale restaurant in the 90’s called the “Underground” which for many years was doing approximately $100,000 per month in sales. After the owner left it became Johnnies, Mariachi Fiesta and then Castaway’s.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.