Popular Cafe For Sale in North Central MN

Not Disclosed, MN
Crow Wing County

Asking Price: Annual Revenue:
$275,000 $418,500

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: Popular Cafe For Sale in North Central MN Broker: Chris Close

Quick Facts

Asking Price: $275,000
Annual Revenue: $418,500
Net Profit: Not Disclosed
Cash Flow: $147,200
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: 5
BBN Listing #: 788211071
Broker Reference #: BUS151393

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

PRICE REDUCED TO $275,000 FROM $399,000! Business continues to grow in sales and has a high cash flow that supports the asking price. With a long standing history in North Central Minnesota, purchasing this business is a rare and exciting opportunity. The business continues to thrive with 2017 & 2018 sales up over 2016 sales. Famous for their original pancake recipe, the Cafe draws in the crowds for their breakfast, served all day, as well as providing an extensive menu of lunch and dinner items. The Cafe is located near a large lake that is popular for fishing, shopping, dining, and more - now its your turn to benefit from the locals and tourists alike.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The restaurant/cafe is located on 0.27 acres just across the Hwy from a popular lake. The building is 5,440 Square Feet Total. The Main Level is 3,928 Square Feet and contains a kitchen, bakery, dining room, 2 coolers, retail space, storage and 2 restrooms. The Upper Level is 1,512 Square Feet and contains a kitchen, dining room, storage and 2 restrooms. Main Level seating capacity is 30. There is an extensive equipment list available. Building was built in 1980, however the family business has been around since 1976.

Market Competition and Expansion:

Key Investment Considerations Include: Quality real estate with an excellent location; Established market position; Attractive work schedule; Lakes Area lifestyle; Established reputation of delivering quality food and service; and Additional growth potential. Key Growth Opportunities Include: Opening the adjoining bakery; Increasing revenue through better marketing via social media; Increasing hours into the evenings; Keeping the restaurant open from mid-November to mid-December; and Utilizing vacant retail space.

Reason for Selling:

Owners wish to move on to new endeavors.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!