Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Restaurant In Minnesota For Sale

Minnesota
Asking Price:
$649,000 (USD) Furniture / Fixtures included
Sales Revenue:
$420,875 (USD)
Cash Flow:
$67,137 (USD)

If you're in the market for a great restaurant opportunity, look no further! In business for over seven decades, this restaurant has built a loyal following, established a statewide reputation for their food and become a staple in their community.
The business resides in a new, 3,600 square foot building, that sits on a busy highway. Excellent visibility, parking, and access. The current owner works full-time in the business and has approximately 25 employees, a combination of full-time and part-time.
Part of the allure of this business is the various offerings of how they serve their customers, along with how they handle the winter months. The past success, excellent reputation, new Real Estate and good growth opportunities makes this a prime opportunity for a serious buyer!

Property Information

Real Estate:

Lease

Premises Details:

Business is housed in a new, 3,600 square foot building. It sits on excellent highway frontage and has plenty of parking space, on a large lot.

Business Operation

Expansion Potential:

Although the business has established a loyal following, there are still excellent avenues for additional growth. The restaurant is open for lunch and dinner, so adding breakfast would be a nice addition. Another good revenue stream would be the addition of catering services. The business does some catering now, but by no means focuses on that service. With technology moving so fast, another possibility would be adding on-line ordering. Currently, 38% of the business is carry-out, so adding this makes sense. A final idea may be the addition of adding a beer & wine license. The restaurant has never offered adult beverages, but it may be an option going forward.

Competition / Market:

Over the last six plus decades, the business has built a loyal following within the region and an excellent reputation across the State. Not a lot of direct competition in the community, but some in-direct competition in the way of fast food, convenience store offerings, etc.

Reasons for selling:

Owner looking to semi-retire; pursue other interests.

Trading hours:

Monday-Sunday 10:30am-8pm

Employees:
3 FT / 23 PT
Years established:
72

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.
In addition to the necessary state and federal required business licenses, a food handling certification is also required.

Furniture / Fixtures value:
$140,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD)

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Murphy Business & Financial. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here