Long established Northern Minnesota Restaurant for Sale with Real Estate! Priced to sell at $280,000! Make an offer today!This Restaurant for Sale is open for breakfast, lunch and dinner and has a great reputation of serving great food with a smile at a reasonable price. The fully equipped commercial kitchen includes a flat top, 6 burner stove top, 2 basket fryer, walk in cooler and freezer and ample room for dry storage. There is even a small managers office. The restaurant seats up to 45 people, and the front of the house decor was recently updated.
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 . 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
Lease Term: Real Estate Included in the sale
Monthly Rent: $Real Estate included in the sale,
Indoor Seating: 45
Inside Sq. Ft: approx 1000,
Hood System: No
Neighboring Businesses: Located on a major road with retail, liquor store, offices ,and apartments within walking distance.
Hours Open: Monday - closed Tues - 7am - 2pm Wed - Thur - 7am - 7pm Friday - Sat - 7am - 8pm Sun - 7am - 7p,
# of Part-Time Employees: 5
# of Full-Time Employees: 1
Net Sales: $365441.53
Owner Benefit: $50439.49