Beautiful Lakeside Restaurant 50870

Not Disclosed, MN
Hennepin County

Asking Price: Annual Revenue:
$4,500,000 $1,382,569

Retail: Electronics, Technology, Computers, Cell Phones

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RE: Beautiful Lakeside Restaurant 50870 Broker: Sunbelt Business Advisors

Quick Facts

Asking Price: $4,500,000
Annual Revenue: $1,382,569
Net Profit: Not Disclosed
Cash Flow: $1,382,569
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 127
BBN Listing #: 85064538
Broker Reference #: MINNEMN003-50870

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Business Overview:

The business offers a variety of lakeside experiences as a year-round marina and restaurant. As of July 2022, Trailing-Twelve-Month Revenue is $5,885,500 and Seller?s Discretionary Earnings is $917,569 after RE purchase. The business? diverse and loyal customer base consists of lake residents, tourists, and locals of the area. The business is known for its boat slips, dockside to-go parking for boaters, and frequently hosting dock-side live music. The boat-slip wait list currently has over 300 reservations. There is a creative and experienced management team in place and a technically competent workforce. Sunbelt Listing ID: 50870

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Reason for Selling:

Planned Sale

Additional Details:

  • The property is owned.
  • 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.

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