Full-Service Restaurant Near Lake Superior

Not Disclosed, MN

Asking Price: Annual Revenue:
$1,500,000 $987,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full-Service Restaurant Near Lake Superior Broker: Bob Cardinal

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $987,000
Net Profit: Not Disclosed
Cash Flow: $112,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $800,000
Year Established: 1973
Employees: 25
BBN Listing #: 343228483
Broker Reference #: 11429 BJC

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Business Overview:

Long-established, Turn-Key, Full-Service Restaurant offering a full menu with dine-in and take-out options. Located on convenient lot near Lake Superior within walking-distance of the harbor. A local favorite with breakfast all day and homemade pies. Includes a 2 BR suite on the second level, set up as a vacation rental by the night, with separate entrance. Sleeps 6 comfortably. Open year-round. Continued annual growth. Owner has kept everything updated. Price includes all FF&E and Inventory. For more information, please contact Bob Cardinal.

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Reason for Selling:


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.

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