NOT DISCLOSED, Minnesota
| Asking Price |
$130,000 |
Year Established |
2010 |
|
| Annual Revenue |
$1,500,000 |
Reason for Selling |
Other Interests. |
|
| Annual P/L |
$0 |
Attention |
Jacob Petersen |
|
| Annual Cash Flow |
$79,500 |
Listing Number |
1015641 |
|
| # of Employees |
24 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This full-service casual dining restaurant and lounge is situated in a high-traffic retail and commercial corridor in Southern Minnesota (not in the Twin Cities metro). Established for over a decade, the enterprise has built strong regional brand equity by offering an established, diverse casual dining menu featuring popular international and classic domestic cuisines alongside a robust beverage program. The turn-key business operates out of a spacious, free-standing commercial facility that features distinct indoor dining zones, a dedicated lounge area, and an outdoor seating patio. Favorable lease terms and a highly visible street-front presence ensure a steady flow of local patrons and regional visitors.
The venue’s day-to-day operations are supported by a structured workforce, including trained kitchen leads and front-of-house service managers. Comprehensive standard operating procedures and digital management systems are fully integrated, enabling a smooth ownership transition. In addition to high-margin dine-in and lounge traffic, the business has successfully captured substantial off-premises demand through multiple third-party delivery platforms. A new owner can immediately capitalize on immediate growth vectors, such as expanding the underutilized corporate catering program or executing layout modifications to increase capacity.
Property Features and Assets:
<p>This established restaurant and lounge operates out of a sizeable standalone commercial facility strategically situated in a high-visibility, premier retail and commercial corridor in Southern Minnesota. The spacious interior is seamlessly divided into distinct dining rooms, a dedicated lounge, and expansive back-of-house kitchen and prep areas. The facility features a highly desirable, large outdoor seating patio. The real estate is held under a favorable lease agreement with anticipated long-term options to renew, protecting the buyer's capital investment.<br></p><p>Assets = $130,000</p>
Market Competition and Expansion:
<p>The business operates in a highly fragmented industry where independent operators compete on food quality and cleanliness. It stands out in its regional market due to a prominent street-front presence and superior facility standards. The regional trade area exhibits strong economic stability, backed by high consumer spending indexes and a growing local population. The business faces minimal direct competition within its specific concept niche.<br></p><p>Excellent scale opportunities exist by formalizing and actively marketing the underutilized B2B corporate and private event catering service. A buyer can also optimize the layout of the facility to introduce a trendy sports-bar section to boost high-margin beverage sales. Furthermore, a creative operator could explore leasing out square footage to synergistic beverage partners to create a highly lucrative multi-concept destination.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity