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- RE: BJs Bar And Grill In Southeast MN
- Contact: Jacob Petersen
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $677,250 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $64,197 | |
Total Debt: | Not Disclosed | |
FF&E: | $84,000 | |
Real Estate: | $450,000 | |
Year Established: | 1968 | |
Employees: | 13 | |
BBN Listing #: | 992662 | |
Broker Reference #: | 5106-18930 |
Business Overview:
BJs Bar and Grill in beautiful Theilman, MN is available for sale. This business is turn key with all assets need to run the operation included in the asking price. Set on just under 2 acres of land, this 14,000 sq ft facility contains a bar, restaurant, and social hall that can handle up to 600 guests at a time.
Located in the picturesque bluffs of Southeast Minnesota this business offers a place to get food and drink for the campground next door, locals from all over the surrounding area, and snowmobilers as they ride the trail that passes right next to the facility. In addition, wedding parties and local non-profits utilized the 10,000 sq ft banquet hall throughout the year.
With thirteen dedicated and skilled part-time staff and enough equipment to feed 600 people at a time, this business is set up for success for the next owner.
Capitalize on this opportunity to own a highly coveted piece of real estate and turn-key business today!
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Property Features and Assets:
The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'.
In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door.
Assets = $548,000
Market Competition and Expansion:
This business experiences a normal amount of competition in the bar, restaurant, and banquet hall spaces it serves.
There are many avenues for growth in this business including: 1) adding an outdoor patio, 2) adding outdoor music, 3) opening up more days of the week, 4) marketing more for the banquet hall space and doing more big events, 5) changing up the food and drink specials.
Reason for Selling:
Owner wishes to retire from restaurant ownership.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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