Price Just Reduced! Restaurant Just off I-94

Melrose, MN
Stearns County

Just off I-94 exit

Asking Price: Annual Revenue:
$525,000 $900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Just Reduced! Restaurant Just off I-94 Broker: Scott Schmitt

Quick Facts

Asking Price: $525,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 7587391
Broker Reference #: Not Disclosed

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Business Overview:

CBC Orion is pleased to offer for sale, Cornerstone Buffet & Restaurant - located off interstate 94 in Melrose, MN. Location is approximated 35 miles from Saint Cloud and 90 miles from Twin Cities.

Cornerstone has an excellent following in the community and has been steadily increasing year over year revenues since inception in 2012. 2018 revenue was just under $900,000, with solid six-figure cash flow. Established website, strong social media presence and award-winning food make this a turnkey business opportunity.

Minimal competition in the market. Additionally, the city of Melrose has recently experienced significant expansion with the addition of Jennie O Turkey Plant ($150 MIL – employs 850 people), expansion of Centracare Health ($30 MIL) and the new Saint Mary’s Church ($7 MIL).

Offering includes Business, Real Estate & FF&E

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Cornerstone operates out of a 6,400 Square Feet facility, with seating capacity of 240 customers. Huge banquet sized kitchen area. Building sits on a one acre site with 75 parking stalls. Additionally, there is elevated signage which is visible to Interstate 94.

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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