High-Volume Restaurant & Gift Shop on North Shore

Not Disclosed, MN


Asking Price: Annual Revenue:
$1,750,000 $2,264,585

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High-Volume Restaurant & Gift Shop on North Shore Broker: Steve Bragg

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $2,264,585
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: $1,000,000
Year Established: 1925
Employees: 40
BBN Listing #: 821228483
Broker Reference #: 11010 SLB

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Business Overview:

Beautiful high volume restaurant & gift shop on the North Shore of Lake Superior with 4,000 square feet restaurant seating approximately 100 & 1,500 square feet gift shop, plus wholesale pies. Located next to government land and on the snowmobile trail with very good exposure on 7 acres and 700 feet of highway frontage. For more information, please contact Steve Bragg.

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Reason for Selling:

Retirement

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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