Well-Established Full-Service Restaurant Bar SE...

St. Paul-Minneapolis-Twin Cities, MN


Asking Price: Annual Revenue:
$350,000 $1,098,119

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well-Established Full-Service Restaurant Bar SE... Broker: Jon James
Owner Financing is Available!

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,098,119
Net Profit: Not Disclosed
Cash Flow: $237,452
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 32
BBN Listing #: 402948845
Broker Reference #: MINNEMN003-N2043

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Business Overview:

This is an opportunity that won’t come your way very often! A turn-key, established restaurant & bar on a main thoroughfare in the beautiful Lake Pepin/Mississippi River area which attracts locals and tourists year-round. The Restaurant features casual and unique American cuisine with three dining areas (2 indoor and an outdoor patio) with a total capacity of 140 guests. Experienced and creative executive chef supported by a fully staffed stellar employee base makes this a dream business for any buyer, with even more potential waiting to be discovered! Over $350,000 of meticulously maintained, high-end equipment and assets plus $30,000 of inventory are included in the price! Owners cash flow exceeds $235,000. The business price is $350,000. The real estate price is $750,000. Both can be acquired with only $115,000 down.

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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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