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Grill & Bar For Sale With Real Estate
Location: United States -> Minnesota
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This restaurant and bar for sale is the gathering spot for locals who are looking for a great meal, a nice place to relax and pick up a game of pool or darts, or watch the big game. This restaurant and bar for sale is located on a very busy state highway near a popular outdoor recreational area.

Forget the landlord! This location is perfect for someone looking to get into the business and build equity with the included 5.34 acre property. The property has two volleyball courts, an outdoor bar, an outdoor patio in the front, and a large outdoor patio in the back of the property. Parking is not a problem with the asphalt parking lot that can hold almost 200 cars. Plenty of room for outdoor activities like car shows and volleyball tournaments, which are very popular events at this restaurant and bar for sale.

The real estate allows this business to qualify for SBA lending over a twenty year term.

The commercial kitchen in this restaurant and bar for sale is fully equipped and there is ample room for any type of food preparation. The mail line is equipped with a 12-foot exhaust hood with full fire suppression. The kitchen is also equipped with a walk-in cooler, beer cooler, walk-in freezer, and two large reach-in coolers.

This restaurant and bar for sale was built in 1979 and the current owners have owned this property since 2001. They recently installed a new Point of Sale (POS) system, new carpet in the front of the house, and a new furnace. The kitchen equipment has also been very well maintained.

As this restaurant and bar for sale is a private listing, a minimum of $130,000 in liquid assets must be verified by We Sell Restaurant Franchise Partner, Scott Ruby prior to obtaining the detailed financial information. If you have any questions please call him at (612) 352-8718.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $523,895
Cash Flow:   $86,292
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1979
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  New career

Photos

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Grill & Bar For Sale With Real Estate Photo 1




Print Listing Id: 700289525
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Minnesota Businesses For Sale > Minnesota Franchises For Sale > Minnesota Business Brokers



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