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Highly Profitable Central Restaurant In Minnesota For Sale

Minnesota, US
Asking Price:
$695,000
Sales Revenue:
$1,310,704
Cash Flow:
$342,882

Iconic restaurant is a long-standing staple in the community. Pristine, turn-key, highly profitable restaurant located in an area that attracts tens of thousands of locals and tourists year-round. Business is open 7 days a week for breakfast, lunch, and dinner, located in a high traffic area with great highway access. They have recently added a full liquor license and specialty service which is increasing revenue. Reliable staff in place who assume managerial responsibilities and have been with the business for 20+ years. A buyer with relevant experience may qualify for SBA financing and low-down payment of $79,300.
Sunbelt Listing ID: 53534

Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: Yes
Is Going Concern: Yes

Property Information

Size in square feet:
2,800

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 5, Part Time: 18
Years established:
59

Other Information

Financing available:

Downpayment Required: $79,300.00