Profitable Limited Service Restaurant w/ RE

Business
  • Listing# : 19143
  • Listed Price : $3,049,000
  • Total Sales : $1,566,033
  • SIC : 5812
  • Down Payment : $3,049,000
  • Status : Active
  • Discretionary Earnings : $143,335

Business Type :

Restaurants / Specialty Restaurant, Restaurants / Limited-Service Restaurants

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.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $2,849,000
    • Incl : Yes
    • Inventory $50,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $150,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $3,049,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants