Very Successful and Profitable Restaurant/Bar in Minneapolis
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Iconic and prestigious Restaurant/Bar business of almost 40 years with over $4.5M+ in revenues and $600K in Owners Adjusted Net Income. Highly successful and profitable restaurant/bar open for breakfast, lunch and dinner. Take out and patio seating as well. Restaurant has significant appeal and market share in the community with high quality food and menu offerings. The name recognition and customer following of this restaurant is second to none and thus HIGHLY CONFIDENTIAL LISTING.
I look forward to sharing this restaurant/bar and real estate opportunity with a qualified and experienced Buyer who is capable of managing/running a $4M restaurant over 3 day parts.
Real estate is also available for $3,500,000 as the restaurant is currently paying $322K in rent to a separate LLC. Adjacent real estate for investment available as well for expansion or synergistic tenant.
I look forward to sharing this restaurant/bar and real estate opportunity with a qualified and experienced Buyer who is capable of managing/running a $4M restaurant over 3 day parts.
Real estate is also available for $3,500,000 as the restaurant is currently paying $322K in rent to a separate LLC. Adjacent real estate for investment available as well for expansion or synergistic tenant.
About the Business
- Years in Operation
- 41
- Facilities & Assets
- 16,000 sq ft including full kitchen, front display counter, dining room, separate bar and event/banquet space. Outdoor patio seating with courtyard and food truck concession area. On site parking as part of real estate owned.
- Market Outlook / Competition
- Excellent market position
- Opportunities for Growth
- Great opportunity to expand event/banquet and catering business as well as bar/nights as the focus has been on breakfast/lunch but very successful and profitable parts of the day business.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 16,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Up to 1 year of training by Owner/Seller as needed under separate contract
- Financing Options
- Seller to consider financing of the real estate under a contract for deed at 7.5%
Listing Info
- ID
- 2263334
- Listing Views
- 2765
Listing ID: 2263334 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.
Businesses for SaleMinnesota Businesses for SaleMinnesota Food & Beverage Businesses for SaleMinnesota Restaurants Businesses for Sale
Similar Listings
