Profitable Restaurant & Bar-New Kitchen and Banquet Facility

  • Listing# : 13281
  • Listed Price : $595,000
  • Total Sales : $727,158
  • SIC : 5812.01
  • Down Payment : $535,499
  • Status : Active
  • Discretionary Earnings : $137,113

Business Type :

Liquor Related Biz / Bar/Restaurant

Business Description :

This full service restaurant and bar offering off site catering is a local favorite. The business is located in the center of town on main street of a picturesque community in SE MN. There is minimal competition in the surrounding market. Recently remodeled restaurant and bar area, featuring a brand new kitchen and banquet facility. The business also has a nice patio area with an outdoor bar to serve patrons during the summer season. Restaurant sells typical American style food. Banquet hall facilities allow for rental income from events such as holiday parties, graduations, wedding receptions and other activities to bring in additional patrons. This restaurant has a very loyal and steady clientele. Located in the center of town on main street, this business has great exposure which attracts many new customers from the heavy traffic.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $398,444
    • Incl : Yes
    • Inventory $16,500
    • Incl : No
    • Liabilities $0
    • Incl :
    • FF&E $96,420
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $494,864
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Liquor Related Biz