NOT DISCLOSED, Minnesota
| Asking Price |
$1,000,000 |
Year Established |
2002 |
|
| Annual Revenue |
$1,038,990 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$148,084 |
Attention |
Joseph McKeown |
|
| Annual Cash Flow |
$0 |
Listing Number |
1009116 |
|
| # of Employees |
34 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This established full-service restaurant and bar offers a classic dining experience with a menu centered around steaks traditional favorites. The business has developed a consistent base of repeat customers and benefits from its longstanding presence in the community. Operations include dine-in service, bar sales, and event or group dining opportunities. The facility is fully equipped and ready for a new owner. This opportunity will be well suited for an owner-operator seeking a restaurant with an established foundation and potential for continued growth.
Property Features and Assets:
<p>This location of 5,625 square feet is for sale for $500,000, which is included in the Total Asking Price of $1,000,000. Seller is active with 1FT and 33PT employees. Hours of operation are 4-9pm, private parties anytime, Mon-Sat. $113,760 in FF&E included in the asking price. MN Food Safety License and MN license required.<br></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