Well established turn-key fast casual restaurant in Southeast MN. Located in a high foot-traffic area. It boasts a professional and dependable full staff with an onsite general manager. Terrific location, with many loyal and transient patrons. Fantastic opportunity for growth, making this business a wonderful opportunity to get into the MN restaurant market.
- Asking Price:
- $100,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $486,707
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The building is leased. Lease expires November 1st, 2023. Landlord is open to negotiations on new lease.
Business Operation
- Expansion Potential:
-
Well poised to capitalize on growth in the local community, a new owner could focus on these areas to increase the top and bottom line: 1) improve marketing efforts, 2) stronger focus on cost of goods, 3) stronger emphasis on delivery and catering.
- Competition / Market:
-
Although there are many restaurants in the area, the Mayo Clinic brings in millions of visitors every year and is the economic hub of Southeast, MN, leading to extremely high demand when compared to the population size. This business is well situated for the continued expansion of this area's economic base and should capitalize fully on the growth in the area.
- Reasons for selling:
-
Location is too far away, owner wants to divest.
- Trading hours:
-
Mon-Thurs 11am-7pm; Fri-Sat 11am-8pm
- Employees:
- 3 FT/6 PT
- Years established:
- 8
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $33,720 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price
