Profitable Limited Service Restaurant w/ RE
Business Description
This investment presents a Limited Service Restaurant (LSR) operation located in Rochester, MN. The business is housed in a modern, fully renovated, approx. 10k square foot commercial building, whose aesthetic celebrates the structure's rich commercial history. This business has an experiential dining model, offering customers a diverse selection of food and beverages. The location acts as a strong community magnet, drawing families and groups with its appeal, and generates additional non-dining income from a long-term commercial lease.
The business features an established staff, including two managers that handle daily staff oversight and operations. The current ownership maintains minimal operating involvement, spending approximately 16 hours per week on administrative tasks and on-site duties. Significant expansion opportunities are readily achievable, including initiating operation on the currently closed days and aggressively expanding recently established catering services. This turn-key business is primed for a focused operator as the current ownership intends to fully exit in an orderly fashion, post-sale.
The business features an established staff, including two managers that handle daily staff oversight and operations. The current ownership maintains minimal operating involvement, spending approximately 16 hours per week on administrative tasks and on-site duties. Significant expansion opportunities are readily achievable, including initiating operation on the currently closed days and aggressively expanding recently established catering services. This turn-key business is primed for a focused operator as the current ownership intends to fully exit in an orderly fashion, post-sale.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- This business resides within an impressive commercial building, originally constructed in the mid-1900's, but significantly updated and expanded in the past 7 years. The facility operates as a multi-tenant commercial property.
- Market Outlook / Competition
- The LSR category is a segment defined by speed and efficiency, representing the largest portion of consumer foodservice spending.
The location benefits from its presence in a growing area of Rochester, MN, a city undergoing major development due to the $5 billion Destination Medical Center initiative. Such regional economic activity increases the customer base, including patients and families associated with the Mayo Clinic, enhancing the long-term viability of the area. - Opportunities for Growth
- Prime opportunities for growth include expanding operating hours along with optimizing and adapting catering services and the menu.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 10,000
About the Sale
- Seller Motivation
- Other interests.
- Transition Support
- Will train for 2 weeks @ $0 cost.
Listing Info
- ID
- 2432575
- Listing Views
- 19
Listing ID: 2432575 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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