Large Restaurant, Building & Land- Northern Sub...

St. Paul-Minneapolis-Twin Cities, MN

Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Services: Real Estate

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RE: Large Restaurant, Building & Land- Northern Sub... Broker: Peggy DeMuse

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: Not Disclosed
BBN Listing #: 301038686
Broker Reference #: MINNEMN001-N1376

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Business Overview:

Property is established and currently operating as an Asian Style cook to order restaurant. Restaurant is 7,209 sq ft and seats about 180 people. Sales are currently approximately $800,000/year. Offers full bar as well. There is also a small patio for outdoor dining. Current owner has had for 10 years and put in about $450,000 in improvements to the building/restaurant. He owns 2 other restaurants and at this time would like to scale back and focus on only the other two. Restaurant sits on 3.23 acres on a busy street. Property could be converted to another restaurant concept or could also be a good location for a hotel/motel or drug store. Full written appraisal completed in 2012 for $1,690,000. Seller may also be open to leasing the property. Please call Peggy DeMuse at 651-288-1627

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Reason for Selling:

Reduce work load

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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