Turn Key Bar and Grill South of Twin Cities, Building Included

  • Listing# : 13248
  • Listed Price : $545,000
  • Total Sales : $232,485
  • SIC : 5813
  • Down Payment : $272,500
  • Status : Withdrawn
  • Discretionary Earnings : $16,789

Business Type :

Alcohol Related / Bars; Restaurants / Limited-Service Restaurants

Business Description :

Bar and Grill in Goodhue County. Pride of ownership shines off the grills and bar top, with modern, recently updated styling, this establishment is a money making, turn-key restaurant. This is a family friendly business, with only two/three staff needed to run the operation. This bar and grill offers beer, wine and liquor along with traditional American food like burgers, salads, soups, pizzas and dinner specials. The restaurant business is very competitive, but by focusing on good food and atmosphere, this company has built up a loyal clientele and solid reputation that gives it a competitive advantage over other local establishments.The building price is included in the total price. Building is well maintained with many new furnishings and efficient utility areas (office, fridges, freezers, dry storage). Current owner has been in the restaurant business for many years and has sculpted the facility to be easy to run. Opportunities for growth include changes to the menu, adjusting specials to be more effective at drawing in customers during slow times and expanding marketing efforts to different channels. With a solid reputation already in place, this business will be great for someone who wants to continue what is already being successful, or someone who wants to add their personal style to bring in even more customers.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $270,000
    • Incl : Yes
    • Inventory $11,414
    • Incl : No
    • Liabilities $60,485
    • Incl : No
    • FF&E $20,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $290,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Alcohol Related Restaurants