Restaurant/Rental Income/Real Estate

St Paul, MN


Listing ID: 1573306
Asking Price: 769,000
Revenue: $1,412,391
Cash Flow: $203,199
FF&E: $80,000 *
Inventory: $15,000
* Indicates this value is included in the asking price. 
Agent: Dan McGuire, Sales Executive
Email: dan@hscbrokers.com
Phone: 763-999-1285
This is a confidential listing, please complete our NDA form to obtain full information about this listing.

Business Overview:

Neighborhood cafe, homemade reasonably priced hearty meals, and additional rental income from Triplex. Established over 30 years, with a great following and outstanding sales! Real estate, business and triplex included. Busy area with lots of traffic and convenient parking. Serving breakfast, lunch and dinner. Daily specials, full menu w/ recipes included. Owner is retiring and looking to pass this great business on to a new operator. Priced to sell!
– Seating approximately 50
– Traffic Counts 8,000 VPD
– .29 acres, taxes $9,742 (3 parcels)
– Restaurant Revenue $1,412,391 (2017)
– Staff 10 FT/15 PT (training available)
• Restaurant Size 1,300 sq. ft.
• 10-15% catering and 20% TakeOut (more growth available in off site catering)
• Triplex included for additional income
• Inventory Approximate $15,000 (not included in asking price)


Reason for Selling:

Retiring

Facilities:

1300 sq. ft. restaurant + basement, Triplex and additional parking lot

Market Outlook / Competition:

Some, but this restaurant has been established over 30 years w/ a great product and sales!

Additional Details:

Additional growth available in catering