SAINT JOSEPH, Minnesota
| Asking Price |
$250,000 |
Year Established |
2012 |
|
| Annual Revenue |
$1,100,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Joseph McKeown |
|
| Annual Cash Flow |
$0 |
Listing Number |
1015440 |
|
| # of Employees |
16 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Fully built-out Italian restaurant complete with furniture, fixtures, equipment, and an inviting dining atmosphere, allowing a new owner to avoid the significant time, expense, and uncertainty of building a restaurant from the ground up. Located in downtown St. Joseph, this opportunity includes the restaurant assets and the commercial real estate, which must be purchased together. The property is offered separately at $1,300,000, giving the buyer the advantage of owning both the operating location and the underlying real estate. You'll be acquiring a professionally designed restaurant in an established location that's ready for its next chapter. If you've been searching for a restaurant with an existing kitchen, dining room, equipment, and real estate already in place, this opportunity deserves a closer look.
Property Features and Assets:
<p>This is an owned leased location of 4,350 square feet in which the property is offered separately at $1,300,000, giving the buyer the advantage of owning both the operating location and the underlying real estate. Seller is active with 16 PT employees. Hours of operation are Tuesday-Thursday 3pm-8pm and Friday-Saturday 3pm-9pm. $12,000 in inventory and $250,000 in FF&E included in the asking price. Food Safety Manager license required. </p>
Market Competition and Expansion:
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity