Established Full-Service Restaurant
Business Description
Fully Equipped and Ready for a New Owner
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.
About the Business
- Years in Operation
- 24
- Employees
- 34 (1 Full-time, 33 Part-time)
- Facilities & Assets
- This location of 5,625 square feet is for sale for $500,000, which is included in the Total Asking Price of $1,000,000. Seller is active with 1FT and 33PT employees. Hours of operation are 4-9pm, private parties anytime, Mon-Sat. $113,760 in FF&E included in the asking price. MN Food Safety License and MN license required.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,625
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 1 month
- Financing Options
- $100,000 Seller Note payable of 24 months at 6% interest
Listing Info
- ID
- 2494696
- Listing Views
- 15
Listing ID: 2494696 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. See our full Terms of Use. Learn how to avoid scams.
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