Restaurant with Bar for Sale! $1.3mil in Sales!

Not Disclosed, MN
Washington County


Asking Price: Annual Revenue:
$265,000 $1,474,172

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant with Bar for Sale! $1.3mil in Sales! Broker: Scott Ruby

Quick Facts

Asking Price: $265,000
Annual Revenue: $1,474,172
Net Profit: Not Disclosed
Cash Flow: $105,101
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 35
BBN Listing #: 9898096
Broker Reference #: 5762

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Business Overview:

Buy this upscale restaurant with bar for sale in this Northern Minneapolis Suburb generating sales of $1.3 million with earnings of over $90,000. Priced to Move Quickly! This restaurant with bar for sale is in a beautiful country club setting with pristine golf course views. The fully equipped commercial kitchen and tastefully decorated front of the house make this a true turnkey business. The business is surrounded by residential development and recreational lakes in the heart of a growing northern Minneapolis suburb. It's easy to see that this restaurant with bar for sale won't last long! This restaurant with bar for sale offered by We Sell Restaurants is not only a fine dining and elixir establishment, it is also a popular event center that is located on one of the most beautiful and peaceful settings in Minneapolis. There are consistent annual sales of $1.3 million that bring an owner benefit of over nearly $92,000. The event space in this restaurant with bar for sale is large, spacious and overlooks a peaceful lake on the golf course. This is the perfect for place for up to 200 people to celebrate all of life's special events including weddings, holiday parties and corporate events. The dining area seats up to 100 people and is known for food made from scratch using fresh ingredients, friendly service, and a great atmosphere. The lounge area can accommodate up to 100 people and is the perfect spot to quench your thirst while you catch the big game. The outdoor patio can seat up to 60 people and has some of the best golf course views. This restaurant with bar for sale proves to be a great place to spend your summer days while enjoying the area's best food! The building is 10,000 square feet and completely stunning - every section has beautiful golf course views. Parking is not a problem as the 3.036 acre lot provides plenty of space during special events. The busy state road has a large LED marquee sign to promote specials as well as help to grow the business. This restaurant with bar for sale features a fully equipped commercial kitchen with everything you need for maximum volume. The business has a total of three hood systems: one on the main line is 15 feet, the secondary line has a 12-foot hood and the dish machine has a three foot hood. The upgraded air exchange systems keeps everything running smoothly. We Sell Restaurants is licensed with Red Key Realty. Call and make an offer today!

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Property Features and Assets:

Bar Sound System ATM 95 Reach in beer cooler glass washer 48 Glass Cooler 50 Beer Cooler POS terminals 3 and printers 8 TVs Kitchen POS Terminal 1 and printers Dishwasher Prep Table Refrigerator 60 by 3 Commercial Microwave Superior Steam Table Broaster 1800 Pressure Fryer Deep Fryer x 2 48 4 burner range with over 47 Vulcan broiler 36 grill flat top Bread Warmer Ice Machine Stacked Alto Shaam Warmer 36 6 burner range Stack convention ovens Prep Area 20 Quart Mixer Commercial 8 Quart Kitchenaid Mixer Cryovac Sous Ride Water Circulator x 2 Hobart Slicer Event Center Carpet Cleaner Vacuum Cleaner 65 Beer Cooler POS Terminal with Printer Powered Mixer Basement Sign Marquee Laptop POS Server General use Laptop Safe

Market Competition and Expansion:

Growing Northern Suburb with a new housing development adjacent to the restaurant.

Reason for Selling:

Retirement

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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