Bar, Restaurant & Banquet Facility
St Cloud, Minnesota (Stearns County)
Food and Beverage - Restaurants  |  Food and Beverage - Bars and Taverns
Asking Price:   $795,000Inventory:   
Gross Revenue:   Not DisclosedReal Estate:   $700,000 ++
Cash Flow:   Not DisclosedFF&E:   $100,000 ++
++ included in the asking price         ** not included in the asking price
Here is a well established restaurant and convention center in a high traffic location with numerous seminars, meetings, banquets and weddings booked for the upcoming year. This facility is connected by an enclosed walkway to a large Best Western Hotel providing an excellent compliment and source of customers for this business. Also provides outside catering services. Long time owner wishes to retire. Tremendous up side potential for ambitious owner/operator. This may be the best value of any food and beverage opportunity on the market. This is a confidential listing. Call for more information or see www.cbcorion.com/michaels.html.
About the Business
Year Established:1971
Employees:1 full time - 20 part time
Facilities:13000 sq ft building on 1.43 acres with parking for 110. Lounge area seats 90, dining room & meeting rooms can accommodate up to 280.
Market Outlook and Competition:One of the few banquet/convention type facilities in the area.
About the Sale
Reason For Selling:Retirement
Attached Files - Attachment Disclaimer
Coldwell Banker Commercial-Orion13 KView  |  Download
cafe.jpg18 KView  |  Download

KEYWORDS: restaurant, bar, tavern, lounge, diner, cafe, banquet, convention, motel, food, center


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Seller ID:Central MN Bar/Rest/Banquet facility
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Business Listed By
Mike Schmitt  |  Coldwell Banker Commercial Orion
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State: Minnesota
County: Stearns

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