Two Restaurants for Sale in one Historic Main St

Not Disclosed, MN
Mille Lacs County


Asking Price: Annual Revenue:
$275,000 $335,362

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Two Restaurants for Sale in one Historic Main St Broker: Scott Ruby

Quick Facts

Asking Price: $275,000
Annual Revenue: $335,362
Net Profit: Not Disclosed
Cash Flow: $46,058
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 6
BBN Listing #: 34918096
Broker Reference #: 6973

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Business Overview:

Two Restaurants for Sale share a historic brick building in this highly sought after area in Northern Minnesota! Get two for one with this coffee shop and bar and grill at a single price ready for your offers!

This is your chance to buy two separate restaurants for sale in one historic building in a highly sought after area in the northern Minnesota lakes area. The two separate restaurants have their own entrance in this historic brick building. The left side of the building is coffee shop and cafe with a small retail section and the right side of the building is a beautiful bar and grill complete with tin punched ceiling and large windows overlooking main street.

Located in a 3600 square foot building, these two restaurants for sale offered by We Sell Restaurants includes the 2 separate restaurants, a large storage area, and an office apartment all on the main floor of this historic building. The lease for this space is $1850 per month and includes all property taxes, and even the water bill! If you decide not to use the lease the office apartment you can reduce your monthly lease down to $1250 per month!

The bar and grill was built out in 2016. It offers a full bar, seating for 56 people inside and another 20 outside on the back covered patio. The menu consists of appetizers, salads, sandwiches, burgers, and pizza. The bar and grill also have separate restrooms, a large liquor storage room and prep area. That's two restaurants for sale in one great location.

The two restaurants for sale feature a coffee shop that has been open for 6 years but was completely remodeled in 2019. A complete remodel of the front and back of the house includes upgraded seating area, flooring, and an additional retail section. They even added an ice cream machine which was a winner during those hot summer months. The retail section sells coffee, teas, local honey, breads and jams. Since the opening of the newly remodeled coffee shop combined sales are trending to almost $400,000 annually!

The two restaurants for sale share a kitchen. The kitchen in the coffee shop is the main kitchen and supports the bar and grill as well as handles the sandwiches and salads on the coffee shop side. One main kitchen means less expense, and staff to run both restaurants. Look today as this one won't last long!

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:

Coffee Shop 56 Chairs Tables Retail Shelving Coffee Machine Ice Cream Machine Misc Smallwares 2 Outdoor tables and chairs Bar and Grill 56 Chairs Tables Shelving for Liquor Room Refrigerator Beer Cooler TV

Market Competition and Expansion:

2 streams of revenue with the bar and grill on one side of the building and the coffee shop on the other half.

Reason for Selling:

Relocation

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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