LORETTO, Minnesota
| Asking Price |
$824,999 |
Year Established |
2019 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Michael |
|
| Annual Cash Flow |
$0 |
Listing Number |
1009758 |
|
| # of Employees |
11 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Well-established neighborhood bar and restaurant offering a rare opportunity to own both the business and real estate. A new owner can continue the tradition or re-imagine the space, this versatile property offers the opportunity to accommodate a wide range of dining concepts and events.
Property Features and Assets:
<p>This full brick, beautifully maintained building spans approximately 4,700 square feet and showcases strong curb appeal along with long-standing community presence. The property features a newly paved parking lot, a newer roof, and all major mechanical systems updated in 2022, providing peace of mind for years to come.</p>
Market Competition and Expansion:
<p>This business is run absentee, and an involved owner operator should drive growth and increase profitability.</p>
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