Northern Minnesota Restaurant/Bar with Off-Sale

Not Disclosed, MN


Asking Price: Annual Revenue:
$550,000 $662,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Northern Minnesota Restaurant/Bar with Off-Sale Broker: Steve Bragg

Quick Facts

Asking Price: $550,000
Annual Revenue: $662,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: $215,000
Year Established: 1955
Employees: 7
BBN Listing #: 604828483
Broker Reference #: 11440 SLB

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Business Overview:

Northern Minnesota, small-town restaurant/bar/off-sale liquor with homemade menu items, frozen pizzas and property rental income from part of the building. The business income consists of 45% off-sale, 30% food sales and 24% on-site liquor sales. Good cash flow to owner/operator with real estate included. Owner retiring. For more information, please contact Steve Bragg.

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Reason for Selling:

Retiring

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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