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High Traffic Family Restaurant
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| Status: |
Sold |
| Listing ID#: |
597846 |
| Listing Type: |
For Sale - Business Only |
| Property Type: |
Restaurants |
| Location: |
7 County Metro 55331 Minnesota |
| Asking Price: |
USD 150,000 |
| Down Payment: |
Possible terms |
| Gross Income: |
$500,000-$600,000 |
| Cash Flow: |
25,000 |
| Furniture, Fixtures & Equipment: |
80,000 |
| Inventory: |
2,500 |
| Real Estate: |
Not included |
| Lease: |
5,400/mo |
| Seller Financing Available: |
Yes |
| Financing: |
Possible terms |
| Reason Selling: |
Downsizing |
| Year Established: |
1991 |
| Facilities: |
4,500 sq ft |
| Market Outlook: |
Great. One of a kind location with a great lease. |
| Growth & Expansion: |
Outdoor dining, beer and wine sales, catering. |
| Support/Training: |
30 days for new owners |
| Employees: |
3FT/5PT |
| License requirements: |
Possible beer and wine. Food handlers cert |
| Submission Date: |
04-14-2011 |
| Last Update: |
12-14-2011 |
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| Agent Details: |
Jerry Vlaminck |
| Company Name: |
HSC Brokers |
| Phone Number: |
763-972-9077 |
| Fax: |
763-972-9080 |
| Mobile Phone: |
612-363-7456 |
Motivated seller just lowered the price $50K for quick sale or will consider purchase price of $100K for cash. Great view overlooking lake. Business also has many annual events which attract hundreds of visitors. Restaurant has a great following among local and travels alike. The location can’t be beat with its great view and large lot 1+ acre in Excelsior. High Traffic family restaurant in high income neighborhood. Great lease with options. Seats 135 with room for outdoor seating. Beer and Wine License available.
To view the confidential profile click here:hscbrokers.com/client1/restaurants/597846.html |
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