Award Winning Neighborhood Bar for Sale in NE Minneapolis

Buy this Award Winning Bar for Sale in the highly sought after NE Minneapolis Art District!  Real Estate is included in the purchase!  The real estate includes the bar with a beautiful outdoor patio, and two rental apartments upstairs.   

This is your chance to buy a great award winning Bar for Sale!  This bar was originally established in 1962 with the present owner owning it for the past 25 years!  The bar has been awarded the best dive bar in Minneapolis, and the best meat raffle several times over the few years!

The 1300 square foot Bar for Sale is the perfect size neighborhood bar to operate.   Seating for up to 100 customers inside and up to 40 customers on the beautiful outside patio.  They offer a very simple but crowd-pleasing menu.  The kitchen includes a vent less fryer, pizza over and a simple to operate design.  The bartender can manage both the kitchen and still take care of the customers at the bar.   This means that you can keep your labor costs to a minimum!

Can you say rental income?  This Bar for Sale includes two separate apartments above the bar bring in very nice monthly rental income, as well as off street parking in the 3 car garage.   This is very hard to find in the NE Minneapolis area.  The apartments are top of the line with granite counter tops and are meticulously maintained. They also get rental income coming from the dart machines, jukebox and other games, as well as rental income from the pull tab organization.  

We Sell Restaurants is proud to offer this award winning Bar for Sale!  This is a very simple to operate and successful bar with a great long and successful history. They are open from 10am - 2am everyday.  They have meat raffles, bingo, dart leagues and other games with great music all in a very comfortable, clean, hip and trendy atmosphere.  This is your chance to buy into a long established and successful business while also building equity in the real estate. 

Call or email today for more information on this Bar for Sale!

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Bar 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#: 7756
  • Price: $1500000
  • Location: Minneapolis
Lease Term: Real Estate Included in the sale
Monthly Rent: $0000
Indoor Seating: 100
Inside Sq. Ft: 1300
Hood System: No
Neighboring Businesses: Trendy NE Minneapolis Arts District - Residential Homes and Apartments as well as other Bars, Restaurants and businesses
Hours Open: 10am - 2am every day
# of Part-Time Employees: 3
# of Full-Time Employees: 1
Net Sales: $698539.00
Owner Benefit: $219142

Features

  • Bar for Sale!
  • Trendy NE Minneapolis Arts District!
  • Established in 1962
  • Same owner for the last 25 years!
  • Rental Income - 2 apartments upstairs!
  • Outdoor Patio
  • 3 Car Garage
  • Bar for Sale!
  • Bar for Sale