Iconic Swan River Red Eye (Red Eye Saloon) - Established American Restaurant & Bar

This legendary establishment represents a rare opportunity to acquire an iconic American restaurant and bar in Northern Minnesota. Operating continuously for 40 years, the Red Eye Saloon has built a strong reputation and loyal customer base in Itasca County.

Business Overview:
The Swan River Red Eye combines traditional American dining with a full-service bar, offering both on-sale and off-sale beverage options. This dual revenue stream provides consistent income throughout the year while serving diverse customer needs.

Location Advantages:
• Strategically positioned at a busy intersection ensuring high visibility and traffic flow
• Prime location in Swan River attracts both local residents and visitors to the area
• Established presence in a community known for outdoor recreation activities

Target Market:
The business has cultivated a diverse clientele including:
• Local community members seeking quality dining and entertainment
• Hunters during hunting seasons
• Snowmobilers and winter recreation enthusiasts
• Travelers and tourists exploring the Itasca County region

Operational Features:
• Full American restaurant menu with established kitchen operations
• Complete bar service with on-sale liquor license
• Off-sale liquor sales providing additional revenue opportunities
• Proven business model with established operational systems

Financial Opportunity:
With an asking price of $600,000, this represents an opportunity to acquire a well-established business with:
• Continuous operation and revenue history
• Established customer base and brand recognition
• Multiple revenue streams through food, beverage, and off-sale operations
• Strong seasonal business from outdoor recreation enthusiasts
• Sale includes building and pole barn on 15 acres, kitchen equipment, walk-in coolers, tables and chairs. • Does not include owners personal property.

Reason for Sale:
The current owners are retiring after successfully operating this iconic establishment since January of 2021, creating an opportunity for new ownership to continue the legacy. This business and building were completely remodeled by the current owners in 2020.

This turnkey operation offers an excellent opportunity for an experienced restaurateur or entrepreneur to acquire a well-known establishment with strong community ties and diverse revenue streams in Minnesota's outdoor recreation market.

Contact owner for additional pictures and information.