NOT DISCLOSED, Minnesota
| Asking Price |
$379,000 |
Year Established |
2013 |
|
| Annual Revenue |
$575,295 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Garret Snater |
|
| Annual Cash Flow |
$0 |
Listing Number |
1012338 |
|
| # of Employees |
13 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This business is a well-regarded food service operation offering a high-quality menu supported by consistent demand from both individual customers and contracted Monday - Friday catering arrangements. A sizable portion of revenue is anchored by a dependable recurring contract, providing stability and predictable cash flow, capable of covering all facility expenses. The business has developed a strong reputation for its food quality, maintains a loyal customer base, and is highly regarded in town. Its location benefits from proximity to a steady flow of community activity, further supporting day-to-day traffic, with 20% of its revenue coming from take-out orders. The restaurant is conveniently found in the downtown/main street area.
Property Features and Assets:
Market Competition and Expansion:
<p>The business differentiates itself through a combination of consistent food quality, established customer loyalty, and a stable recurring revenue component. Its proximity to community gathering areas contributes to steady visibility and customer traffic. The operation benefits from a balanced mix of dependable contracted income and traditional bar/restaurant sales, positioning it well within its market. While there are other food service options in the broader area, the business’s reputation, food quality and established relationships provide a competitive advantage and help support ongoing customer retention. <br><br>There are several clear opportunities for expansion. Extending operating hours into currently underserved time periods, including weekends, presents an immediate avenue for increased revenue. Additional growth could be achieved through marketing efforts (currently not being utilized), strengthening community engagement, and further leveraging the business’s strong reputation for food quality. There is also potential to build upon existing contracted revenue streams by pursuing similar partnerships with other organizations. Lastly, incorporating pull tab options for additional revenue, as well as increased bar/liquor sales. <br></p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity