Downtown Bar and Grill for Sale!

Minneapolis, MN
Hennepin County

Asking Price: Annual Revenue:
$890,000 $2,988,345

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Downtown Bar and Grill for Sale! Broker: Scott Ruby

Quick Facts

Asking Price: $890,000
Annual Revenue: $2,988,345
Net Profit: Not Disclosed
Cash Flow: $244,283
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 30
BBN Listing #: 39768096
Broker Reference #: 7574

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Business Overview:

We Sell Restaurants is proud to offer this incredible Bar and Grill for Sale! This is the opportunity you have been looking for! A centrally located Bar and Grill, revenue of almost $3 million and an owner benefit of over $250,000!

This Bar and Grill for Sale has everything going for it! The 13,000 plus square foot leased space is the perfect place to stop in for a quick drink, enjoy their award-winning food, or host your next special event or business meeting.

Whether you are a Chef looking for a beautiful and profitable opportunity, or a General Manager looking to get into an existing and successful operation, this opportunity presented by We Sell Restaurants is for you! The customer base at this Bar and Grill for Sale is a great mix of locals, and visitors who come to downtown for all the sporting events, concerts, business meetings, and events.

This Bar and Grill for sale includes a separate full bar area with rich wood tones, high ceilings and tons of natural lighting through the large windows. The dining room has high ceilings, is tastefully decorated, and is the perfect setting to explore the full menu. There are three separate party rooms for an intimate private meeting or gathering as well as a beautiful outdoor patio.

This exceptional bar and grill for sale is the perfect location for your customers to enjoy all the events in downtown. The menu includes appetizers, salads, sandwiches, entrees and a full selection of craft beers and wine.

The lease for this 13,000 plus square foot space is very reasonable. It is a percentage lease, 6% of the sales on the first 2 million in revenue, and 8% after that. The banquet space is leased at 10% of the revenue. The lease expires in 2022, with an option to extend another 5 years. Good books and records will qualify this Bar and Grill for Sale for SBA lending with 25% down.

This is truly a unique and phenomenal opportunity to purchase an existing bar and grill for sale with exceptional sales and owner benefit. Don’t wait, this won’t last long!

Please click on the tab below to easily acknowledge confidentiality on the Bar and Grill for Sale. If you have questions, please contact Certified Restaurant Broker Scott Ruby.

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:

Full list of equipment to be provided by seller.

Market Competition and Expansion:

This listing is located in the heart of the Theater and Arts District. The area hotels also provide a steady flow of business.

Reason for Selling:

New Career.

Additional Details:

  • The property is leased.
  • The owner is 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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