Family Restaurant

Not Disclosed, MN

Central Minnesota


Asking Price: Annual Revenue:
$298,800 $1,563,071

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Family Restaurant Broker: David LaVoi

Quick Facts

Asking Price: $298,800
Annual Revenue: $1,563,071
Net Profit: Not Disclosed
Cash Flow: $261,179
Total Debt: Not Disclosed
FF&E: $278,430
Real Estate: Not Disclosed
Year Established: 1980
Employees: 30
BBN Listing #: 39554955
Broker Reference #: 5101-17005

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Business Overview:

This Family Restaurant has been in business since 1980. It is the go to Restaurant in the community of over 20,000. They have a excellent reputation of serving delicious Breakfasts, Lunches and Dinners. They are open 7 days a week so they are there for their customers.

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Property Features and Assets:

This 5,500 square feet restaurant seats 180 in a variety of seating arrangements to accommodate larger groups. It is very clean and up to date. Assets = $394,535

Market Competition and Expansion:

This industry was impacted negatively during the pandemic but this restaurant did OK but now is coming back strong. They are emerging from the pandemic and the business should continue in a upward pattern.

Reason for Selling:

Retiring.

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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