Restaurant
Location:
United States
->
Minnesota
->
Waseca
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Owner operated business was established in 1920. The current ownership began in 1998. This is a casual theme restaurant and banquet room. They are recognized in the local and surrounding communities for serving great food in a casual unique atmosphere. This is a well-established business, operating 85 years, with widespread name recognition. Known as ''the place to go'' their customer base is extensive mostly consisting of 70% repeat customers and 35% referral. This business has increased gross sales by 59% in six years and with expansion has even greater revenue potential. Contact for more information on this Restaurant business for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$606,792
Cash Flow:
$225,708
Cash Flow Type: EBITDA
Seller Financing: No
About The Business
Year Established: 1920
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Owned
About The Sale
Management Training and Support: The Owner is willing to remain 60 days order to...
Reason For Selling: The Owner wishes to pursue other areas of interest
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
|
Print Listing Id: 70027634
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
