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- RE: Turn-Key Full-Service Restaurant & Patio
- Contact: Jacob Petersen
Quick Facts
| Asking Price: | $130,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $79,500 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 24 | |
| BBN Listing #: | 1015641 | |
| Broker Reference #: | 5106-19607 |
Business Overview:
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Property Features and Assets:
This established restaurant and lounge operates out of a sizeable standalone commercial facility strategically situated in a high-visibility, premier retail and commercial corridor in Southern Minnesota. The spacious interior is seamlessly divided into distinct dining rooms, a dedicated lounge, and expansive back-of-house kitchen and prep areas. The facility features a highly desirable, large outdoor seating patio. The real estate is held under a favorable lease agreement with anticipated long-term options to renew, protecting the buyer's capital investment.
Assets = $130,000
Market Competition and Expansion:
The business operates in a highly fragmented industry where independent operators compete on food quality and cleanliness. It stands out in its regional market due to a prominent street-front presence and superior facility standards. The regional trade area exhibits strong economic stability, backed by high consumer spending indexes and a growing local population. The business faces minimal direct competition within its specific concept niche.
Excellent scale opportunities exist by formalizing and actively marketing the underutilized B2B corporate and private event catering service. A buyer can also optimize the layout of the facility to introduce a trendy sports-bar section to boost high-margin beverage sales. Furthermore, a creative operator could explore leasing out square footage to synergistic beverage partners to create a highly lucrative multi-concept destination.
Reason for Selling:
Other Interests. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- 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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