Profitable Limited Service Restaurant W/ RE

Business Overview:

This investment presents a Limited Service Restaurant (LSR) operation located in Rochester, MN.  The business is housed in a modern, fully renovated, approx. 10k square foot commercial building, whose aesthetic celebrates the structure's rich commercial history. This business has an experiential dining model, offering customers a diverse selection of food and beverages. The location acts as a strong community magnet, drawing families and groups with its appeal, and generates additional non-dining income from a long-term commercial lease.

The business features an established staff, including two managers that handle daily staff oversight and operations. The current ownership maintains minimal operating involvement, spending approximately 16hours per week on administrative tasks and on-site duties. Significant expansion opportunities are readily achievable, including initiating operation on the currently closed days and aggressively expanding recently established catering services. This turn-key business is primed for a focused operator as the current ownership intends to fully exit in an orderly fashion, post-sale.

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Property Features and Assets:

This business resides within an impressive commercial building, originally constructed in the mid-1900's, but significantly updated and expanded in the past 7 years. The facility operates as a multi-tenant commercial property.

Assets = $3049,000

Market Competition and Expansion:

The LSR category is a segment defined by speed and efficiency, representing the largest portion of consumer foodservice spending.
The location benefits from its presence in a growing area of Rochester, MN, a city undergoing major development due to the $5 billion Destination Medical Center initiative. Such regional economic activity increases the customer base, including patients and families associated with the Mayo Clinic, enhancing the long-term viability of the area.
The sector broadly faces continuous challenges from rising food and labor costs and intense market competition, necessitating constant vigilance regarding expense management and menu innovation. Success hinges on the ability to adopt new technology to reduce labor costs and effectively manage food waste.

Prime opportunities for growth include expanding operating hours along with optimizing and adapting catering services and the menu.

Reason for Selling:

Other interests. Kindly ask the seller for more information.

Additional Details:

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