Profitable Bar & Restaurant (ID: 1141302)

Seller Financing Available!
Asking Price: $619,000
Gross Revenue: $850,000
Cash Flow: Not Disclosed
Inventory: n/a **
Real Estate: n/a ++
FF&E: n/a **
Business Listed by Mike SchmittColdwell Banker Commercial OrionView All of My Listings
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Business Description

Here is your chance to own a successful Bar & Restaurant, in an established location, situated approximately 15 minutes from St. Cloud. This business is continually exceeding expectations, increasing revenue year over year since the current owners purchased in 2005. Business is projected to hit $850k in revenue this year, which represents another significant revenue increase over last year.

About the Business

Facilities: Building consists of 3,700+/- square feet. Property has undergone a recent kitchen expansion, which added additional square footage and expanded the size and capabilities of the kitchen output. Many capital expenditures and equipment updates in recent years.

Market Outlook/Competition: Potential upside with expansion of catering, food delivery, expanded bar events/activities, enhanced advertising, DJ s, live bands, etc. Small business that is currently strong and thriving with a solid experienced staff in place. Sales continue to increase year after year even during the recession, due to great reputation for renowned food and top notch service. Currently offer both on/off sale. Great location - off a busy highway, an established destination for people traveling north to the lakes or casino and on snowmobile trails. Only 15 minutes outside of St. Cloud and central MN towns allows for a large draw of customer base. The right owner/operator could take this already very successful business to a new level.

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.