Tavern Osakis, MN - Real Estate Included + Storage Building & Rental Income

Osakis, MN


Listing ID: 1593467
Asking Price: 299,000
Revenue: $481,000
Cash Flow: UNDISCLOSED
FF&E: $80,000 *
Inventory: $7,000
* Indicates this value is included in the asking price. 
Agent: Dan McGuire, Sales Executive
Email: dan@hscbrokers.com
Phone: 763-999-1285

Business Overview:

Price Reduced! Small town Bar & Grill w/ relaxed cozy
atmosphere, clean, additional rental
income from apartment, and storage
building located in Central MN! Serving
lunch/dinner Wed-Sun and dinner
Mon&Tue. Popular dishes; prime rib, steak,
cod, pickle fries, burgers, wraps and
sandwiches. Established 6 years. Pull tabs.
Near lake Osakis & snowmobile/atv trails.
Sales $481,000. HWY 27 traffic counts
5,800 vpd. Real estate, Business and
equipment included in sale. Owner has
other interests at this time. Staff 2 FT/14
PT
– $575 additional rental income from
apartment
– Seating: 55 dining/bar & 30 patio
– 1,250 sq. ft.
– FF&E $80,000
– Inventory $7,000 counted at closing and
not included in the asking price
Patrons reviews: “Fantastic food. Great
atmosphere great drink specials staff is
always very friendly!” , “Great
atmosphere. Friendly staff. Yummy food.”


Reason for Selling:

other interests

Facilities:

1250 sq. ft., seating 55 dining/bar, 30 outdoor patio, full kitchen, basement (storage), 2 bedroom apartment 2nd floor PLUS Storage building!

Market Outlook / Competition:

Some, but the Tavern is a well established w/ daily specials and happy hour and additional rental income PLUS storage building.

Additional Details:

Expanded cocktail menu and creative marketing towards local attractions (atv/snowmobile/fishing)