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Restaurant In Minnesota For Sale

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:


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

3 FT / 23 PT
Years established:

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)

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