PINE RIVER, Minnesota
| Asking Price |
$899,000 |
Year Established |
1998 |
|
| Annual Revenue |
$1,195,547 |
Reason for Selling |
Moving |
|
| Annual P/L |
$0 |
Attention |
Christopher C |
|
| Annual Cash Flow |
$0 |
Listing Number |
1006248 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Bites Pub & Grub is located on the beautiful Paul Bunyan trail along Hwy 371 in Pine River, MN. Constructed out of locally sourced logs, the restaurant is a masterpiece that stands the test of time. Bites Pub & Grub is a regular stop for residents, tourists, bikers and snowmobiles. They are well known for their walleye, delicious prime rib, burgers and classic breakfast. Highway 371 and Paul Bunyan Trail frontage mean high visibility and high traffic year-round. With the sellers looking to move out of state, now is a great opportunity to carry on the legacy of this popular Lakes Area restaurant. $899,000 + Inventory (Includes Business, Real Estate, Furniture, Fixtures & Equipment).
Property Features and Assets:
<p>1.22 Acres. 300' along Hwy 371. 5,200 SF Building. Seating Capacity: 297 Total (Dining: 60; Bar: 45; Banquet Room: 80; South Patio: 64; West Patio: 48). New Septic in 2022. Log Construction. 30+ Paved Parking Spaces. Equipment List available with Agent. SHIFT4 Point of Sale Software. Several key employees. Heavy radio advertising, improved digital appearance, full website with online ordering, and improved google ratings. </p>
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity