Established Bar and Restaurant in Northern Minnesota

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Asking Price:
$225,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$10,000
included in asking price

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Business Description

This well-known and loved destination is popular with locals, summer travelers, hunters, and snowmobilers. The popular bar and grill is located in a convenient location - the crossroads of two highways! The restaurant is an area favorite for its Saturday night prime rib dinners and amazing salad bar.
There is also great expansion potential as the property is plumbed and ready for a campsite. Many venues to bring in crowds could be considered on this 20+ acre property. So you can relax between busy times, a private, 3 bedroom living space is also included. The owners have had their fun and are ready for retirement, so it is ready for the next generation to take over and continue the tradition or evolve it into a new one!

About the Business

Location:
Ray, Minnesota
Year Established:
1997
Number of Employees:
4
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
3,434
Facilities:
There is great expansion potential as the property is plumbed and ready for a campsite. Many venues to bring in crowds could be considered on this 20+ acre property. So you can relax between busy times, a private, 3 bedroom living space is also included.
Website:
www.facebook.com/TheWoodlandInn
Market Outlook/
Competition:
Closest bar/restaurant is 10 miles. Great food at great prices keeps people coming back.
Growth & Expansion:
There is great expansion potential as the property is plumbed and ready for a campsite. Many venues to bring in crowds could be considered on this 20+ acre property.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Sellers will help with initial training.

Listing Info

ID:
1631452
Ad Detail Views:
0

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Business Listed by

Jill Kiner

Voyage North Realty
License# 40317053

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