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Highly Profitable Restaurant In Twin Cities For Sale

Twin Cities, Minnesota
Asking Price:
$350,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,061,558 (USD)
Cash Flow:
$164,329 (USD)

This is an opportunity that won’t come your way very often! A turn-key, established restaurant & bar on a main thoroughfare in the beautiful Lake Pepin/Mississippi River area which attracts locals and tourists year-round. The Restaurant features casual and unique American cuisine with three dining areas (2 indoor and an outdoor patio) with a total capacity of 140 guests. Experienced and creative executive chef supported by a fully staffed stellar employee base makes this a dream business for any buyer, with even more potential waiting to be discovered! Over $350,000 of meticulously maintained, high-end equipment and assets plus $30,000 of inventory are included in the price!

Owners cash flow exceeds $160,000. The business price is $350,000 with only $125,000 down – seller will finance the balance at 6%. The real estate price is $750,000 – cash at close. For more information, contact Brent Engelbrekt at.

Property information

Premises Details:

N/A

Size in square feet:
7200 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 10, Part Time: 18
Years established:
8

Other Information

Financing available:

Downpayment Required: $125,000
Financing is Available

Furniture / Fixtures value:
$350,000 (USD) - included in the asking price
Inventory / Stock value:
$30,000 (USD) - included in the asking price

Contact Information

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