Profitable, Well-Established Restaurant Including Building in Southeast Minnesota

  • Listing# : 13688
  • Listed Price : $380,000
  • Total Sales : $255,162
  • SIC : 5812.05
  • Down Payment : $380,000
  • Status : Active
  • Discretionary Earnings : $55,136

Business Type :

Restaurants / American Restaurant, Restaurants / Coffee Shop/House

Business Description :

Turn-Key, profitable, local favorite restaurant/building for sale.  Quaint and well maintained, this restaurant is a local favorite for getting a good breakfast or enjoying lunch with friends. With a clean and welcoming atmosphere, this restaurant is a local hang out for teenagers and adults alike to stop in and get a caffeinated beverage and work or talk with friends. This opportunity includes significant sales growth potential as it currently limits its operating hours to accommodate the owner's desired family commitments outside of work. Ready for the next owner to add operating hours or products, or keep the operations as is and enjoy an owner-family friendly business model. This restaurant is a great opportunity for someone that wants to take it to the next level or continue an operation that has been consistently profitable for years. The owner currently runs the operations of this business with the help of 7 part-time employees.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $183,000
    • Incl : Yes
    • Inventory $13,000
    • Incl : Yes
    • Liabilities $16,306
    • Incl : No
    • FF&E $48,500
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $244,500
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants