Established Full Service Restaurant

SW Minnesota

This established full-service restaurant and bar offers a classic dining experience with a menu centered around steaks traditional favorites. The business has developed a consistent base of repeat customers and benefits from its longstanding presence in the community. Operations include dine-in service, bar sales, and event or group dining opportunities. The facility is fully equipped and ready for a new owner. This opportunity will be well suited for an owner-operator seeking a restaurant with an established foundation and potential for continued growth.

Listing Number:

25292

Category:

Food - Restaurant

Location:

SW Minnesota
$1,000,000

Financial Information:

Gross Revenue:

$1,038,990

Listed Price:

$1,000,000

Down Payment:

$900,000

Total Income:

$148,084

Year Established:

2002

Lease Information:

Square Feet:

5625

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$113,760

Inventory:

$75,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

33

Special License Required:

MN Food Safety License and MN

Contract Labor:

0

Training Period:

1 month

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Established Full Service Restaurant
SW Minnesota

Listing Number:

25292

Category:

Food - Restaurant

Location:

SW Minnesota

Listed Price:

$1,000,000
brokerPhoto
Joseph McKeown
Office: | Cell: (952) 356-9013
License #: 40913077
This established full-service restaurant and bar offers a classic dining experience with a menu centered around steaks traditional favorites. The business has developed a consistent base of repeat customers and benefits from its longstanding presence in the community. Operations include dine-in service, bar sales, and event or group dining opportunities. The facility is fully equipped and ready for a new owner. This opportunity will be well suited for an owner-operator seeking a restaurant with an established foundation and potential for continued growth.

Financial Information

Gross Revenue:

$1,038,990

Listed Price:

$1,000,000

Down Payment:

$900,000

Total Income:

$148,084

Year Established:

2002

Lease Information

Square Feet:

5625

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$113,760

Inventory:

$75,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

33

Special License Required:

MN Food Safety License and MN

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.