Downtown Bar and Grill for Sale! Sales of almost $3 Million!

We Sell Restaurants is proud to offer this incredible Bar and Grill for Sale!  This is the opportunity you have been looking for!   A centrally located Bar and Grill, revenue of almost $3 million and an owner benefit of over $250,000!
 
This Bar and Grill for Sale has everything going for it!   The 13,000 plus square foot leased space is the perfect place to stop in for a quick drink, enjoy their award-winning food, or host your next special event or business meeting.   
 
Whether you are a Chef looking for a beautiful and profitable opportunity, or a General Manager looking to get into an existing and successful operation, this opportunity presented by We Sell Restaurants is for you!  The customer base at this Bar and Grill for Sale is a great mix of locals, and visitors who come to downtown for all the sporting events, concerts, business meetings, and events.
 
This Bar and Grill for sale includes a separate full bar area with rich wood tones, high ceilings and tons of natural lighting through the large windows.   The dining room has high ceilings, is tastefully decorated, and is the perfect setting to explore the full menu. There are three separate party rooms for an intimate private meeting or gathering as well as a beautiful outdoor patio.  
 
This exceptional bar and grill for sale is the perfect location for your customers to enjoy all the events in downtown.  The menu includes appetizers, salads, sandwiches, entrees and a full selection of craft beers and wine.
 
The lease for this 13,000 plus square foot space is very reasonable.  It is a percentage lease, 6% of the sales on the first 2 million in revenue, and 8% after that.  The banquet space is leased at 10% of the revenue.  The lease expires in 2022, with an option to extend another 5 years.  Good books and records will qualify this Bar and Grill for Sale for SBA lending with 25% down.
 
This is truly a unique and phenomenal opportunity to purchase an existing bar and grill for sale with exceptional sales and owner benefit.   Don’t wait, this won’t last long!
 
Please click on the tab below to easily acknowledge confidentiality on the Bar and Grill for Sale.  If you have questions, please contact Certified Restaurant Broker Scott Ruby at (612) 352-8718.

Please click on the tab below to easily acknowledge confidentiality on this Bar and Grill for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Scott Ruby at (612) 352-8718

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7574
  • Price: $890000
  • Location: Minneapolis
Lease Term: expires in 2020 with 1 option to extend
Monthly Rent: $Percentage Lease,
Indoor Seating: 250
Inside Sq. Ft: 13000,
Hood System: Yes
Neighboring Businesses: Theaters Music Venues, Apartments, Restaurants Hotels and Nightclubs
Hours Open: Sun - Thurs - 6:30am - 11pm Fri - Sat - 6:30am - 1am
# of Part-Time Employees: 50
# of Full-Time Employees: 30
Net Sales: $2988345.73
Owner Benefit: $244283.02

Features

  • Revenue of Almost 3 Million!
  • Large Event Center, Bar and Grill
  • Beautiful Outdoor Patio
  • Prime Location, Location, Location!
  • Strong Sales and Profits!
  • Bar, Grill and Event Center for Sale!
  • Make an offer today!
  • Bar and Grill for Sale