NOT DISCLOSED, Minnesota
| Asking Price |
$1,479,000 |
Year Established |
1965 |
|
| Annual Revenue |
$1,325,656 |
Reason for Selling |
retirement |
|
| Annual P/L |
$0 |
Attention |
Russell Bengtson |
|
| Annual Cash Flow |
$436,660 |
Listing Number |
987805 |
|
| # of Employees |
21 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This family style restaurant has been serving great food for lake country for decades. Excellent location on main highway in a major tourist area.
This restaurant started in 1965 and has been under current ownership since 1984. New menu items offered including smoked meats and liquor (Bloody Marys, mimosas, and beer)
Potential Growth
Expansion of catering services and liquor products offered
Competitive Overview
Competition is mainly bars serving only burgers and pizza on limited hours
Real estate: three buildings (2300 sq ft) on 1.7 acres in high traffic location
Property Features and Assets:
Market Competition and Expansion:
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