Busy NE Mpls restaurant, bar, and cafe for sale

Minneapolis, MN
Hennepin County


Asking Price: Annual Revenue:
$695,000 $2,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Busy NE Mpls restaurant, bar, and cafe for sale Broker: Mac Thelen
Owner Financing is Available!
Seller will finance a portion of the sale.

Quick Facts

Asking Price: $695,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $270,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 60
BBN Listing #: 611040231
Broker Reference #: 8051mt

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Business Overview:

This listing is a busy downtown restaurant, café, and full service bar located in Downtown Minneapolis. The location and décor are fantastic. The restaurant and bar serve everything from breakfast for downtowners, happy hour crowd, comfort food for dinner, and late night dessert for theater goers. The restaurant opened in 2011, has established itself a regular following, and is very profitable. New condo developments with hundreds of units are under construction in the area which brings more potential customers nearby. Annually, sales are very steady, with summers being much busier with more foot traffic and patio seating for 60. Annually, sales are very steady, with summers being much busier with more foot traffic and patio seating for 60. The neighborhood is hot and growing fast.

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Property Features and Assets:

The restaurant, bar, and cafe occupy 6,400 square feet of prime space inside the building. There is seating for 155 people in the dining room, bar, and café area with an additional 60 on the 1,500 square foot patio.

Market Competition and Expansion:

The restaurant and bar has established a loyal client following since opening in 2011, while remaining current with food trends and market demands. There is a lot of high density housing both new to the area and currently being constructed.

Reason for Selling:

Changing Careers.

Additional Details:

  • The property is leased.
  • 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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