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Very Profitable Family Restaurant
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| Status: |
Available |
| Listing ID#: |
566393 |
| Listing Type: |
For Sale - Business & Real Estate |
| Property Type: |
Restaurants |
| Location: |
Northern MN 55744 Minnesota |
| Asking Price: |
USD 625,000 |
| Down Payment: |
625000 |
| Gross Income: |
584,842 |
| Cash Flow: |
177,523 |
| Furniture, Fixtures & Equipment: |
100,000 |
| Inventory: |
20,000 |
| Real Estate: |
313,000 |
| Seller Financing Available: |
No |
| Financing: |
New Financing |
| Reason Selling: |
Retirement |
| Year Established: |
1963 |
| Facilities: |
4,068 sq ft |
| Market Outlook: |
Very Good. |
| Growth & Expansion: |
Present owners have not aggressively promoted “To Go” sales or catering. Both would be possible with the facility and would add additional profit to a highly profitable restaurant. |
| Support/Training: |
3 days for new owners |
| Employees: |
20 |
| License requirements: |
Food Handlers certificate Food License Beer and Wine License |
| Submission Date: |
05-17-2011 |
| Last Update: |
06-28-2011 |
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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 |
Highly profitable Bridgeman's Embers family restaurant on Hwy 2 in Grand Rapids. Currently a franchise with zero percentage franchise fee only pays $43/mo to use the name. Very clean and updated restaurant seats 125 w/patio area that seats 30. To view confidential profile click here:hscbrokers.com/client1/restaurants/566393.html |
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