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- RE: Longstanding Hospitality Venue Ready For New Owner
- Contact: Keith
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $1,884,157 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $5,474 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 40 | |
| BBN Listing #: | 1001260 | |
| Broker Reference #: | 17441-993848 |
Business Overview:
For multiple generations, this well-known Twin Cities establishment has been a gathering place for loyal customers, community groups, and countless special occasions. The business is built on relationships—many customers are known by name, with generations of repeat visitors who value the friendly atmosphere, reliable service, and welcoming staff.
Highlights include:
- Established reputation with a long history of community presence
- Seasoned, loyal team that knows the clientele and delivers consistent service
- Spacious facility with flexible banquet space
- Strong repeat business from social groups, community events, and private parties
- Ample, free parking that customers love—an uncommon benefit in this market
The venue is well-suited for banquets, events, and gatherings, with repeat business from groups and organizations offering excellent growth potential for an operator who wants to expand event-based revenue.
While the business is slightly cash-flow positive, it offers a rare chance to acquire a fully built-out, long-established operation with loyal customers and strong community goodwill. An ideal buyer may be someone with hospitality experience, a concept to plug into an existing facility, a strategic operator looking for expansion into the area, or someone passionate about running a lifestyle business.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
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