Buy this upscale restaurant with bar for sale in this Northern Minneapolis Suburb generating sales of $1.3 million with earnings of over $90,000. Priced to Move Quickly!
This restaurant with bar for sale is in a beautiful country club setting with pristine golf course views. The fully equipped commercial kitchen and tastefully decorated front of the house make this a true turnkey business. The business is surrounded by residential development and recreational lakes in the heart of a growing northern Minneapolis suburb. It's easy to see that this restaurant with bar for sale won't last long!
This restaurant with bar for sale offered by We Sell Restaurants is not only a fine dining and elixir establishment, it is also a popular event center that is located on one of the most beautiful and peaceful settings in Minneapolis. There are consistent annual sales of $1.3 million that bring an owner benefit of over nearly $92,000.
The event space in this restaurant with bar for sale is large, spacious and overlooks a peaceful lake on the golf course. This is the perfect for place for up to 200 people to celebrate all of life's special events including weddings, holiday parties and corporate events. The dining area seats up to 100 people and is known for food made from scratch using fresh ingredients, friendly service, and a great atmosphere. The lounge area can accommodate up to 100 people and is the perfect spot to quench your thirst while you catch the big game. The outdoor patio can seat up to 60 people and has some of the best golf course views. This restaurant with bar for sale proves to be a great place to spend your summer days while enjoying the area's best food!
The building is 10,000 square feet and completely stunning - every section has beautiful golf course views. Parking is not a problem as the 3.036 acre lot provides plenty of space during special events. The busy state road has a large LED marquee sign to promote specials as well as help to grow the business.
This restaurant with bar for sale features a fully equipped commercial kitchen with everything you need for maximum volume. The business has a total of three hood systems: one on the main line is 15 feet, the secondary line has a 12-foot hood and the dish machine has a three foot hood. The upgraded air exchange systems keeps everything running smoothly.
We Sell Restaurants is licensed with Red Key Realty. Call and make an offer today!
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 Restaurant with 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
Lease Term: New 5 year lease with 1 option to extend at market rate
Monthly Rent: $12750,
Indoor Seating: 300
Inside Sq. Ft: 10000,
Hood System: Yes
Neighboring Businesses: Churches, Golf Course, High School, New Residential Home Community
Hours Open: Monday: Closed Tues - Friday: 3pm - 1am Sat - Sun: 11am - 1am
# of Part-Time Employees: 33
# of Full-Time Employees: 2
Net Sales: $1474172.64
Owner Benefit: $105101.93