This full-service casual dining restaurant and lounge is situated in a high-traffic retail and commercial corridor in Southern Minnesota (not in the Twin Cities metro). Established for over a decade, the enterprise has built strong regional brand equity by offering an established, diverse casual dining menu featuring popular international and classic domestic cuisines alongside a robust beverage program. The turn-key business operates out of a spacious, free-standing commercial facility that features distinct indoor dining zones, a dedicated lounge area, and an outdoor seating patio. Favorable lease terms and a highly visible street-front presence ensure a steady flow of local patrons and regional visitors.
The venue’s day-to-day operations are supported by a structured workforce, including trained kitchen leads and front-of-house service managers. Comprehensive standard operating procedures and digital management systems are fully integrated, enabling a smooth ownership transition. In addition to high-margin dine-in and lounge traffic, the business has successfully captured substantial off-premises demand through multiple third-party delivery platforms. A new owner can immediately capitalize on immediate growth vectors, such as expanding the underutilized corporate catering program or executing layout modifications to increase capacity.
- Asking Price:
- $130,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,500,000
- Cash Flow:
- $79,500
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This established restaurant and lounge operates out of a sizeable standalone commercial facility strategically situated in a high-visibility, premier retail and commercial corridor in Southern Minnesota. The spacious interior is seamlessly divided into distinct dining rooms, a dedicated lounge, and expansive back-of-house kitchen and prep areas. The facility features a highly desirable, large outdoor seating patio. The real estate is held under a favorable lease agreement with anticipated long-term options to renew, protecting the buyer's capital investment.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Excellent scale opportunities exist by formalizing and actively marketing the underutilized B2B corporate and private event catering service. A buyer can also optimize the layout of the facility to introduce a trendy sports-bar section to boost high-margin beverage sales. Furthermore, a creative operator could explore leasing out square footage to synergistic beverage partners to create a highly lucrative multi-concept destination.
- Competition / Market:
-
The business operates in a highly fragmented industry where independent operators compete on food quality and cleanliness. It stands out in its regional market due to a prominent street-front presence and superior facility standards. The regional trade area exhibits strong economic stability, backed by high consumer spending indexes and a growing local population. The business faces minimal direct competition within its specific concept niche.
- Reasons for selling:
-
Other Interests.
- Trading hours:
-
Monday-Sunday 10am-10pm
- Employees:
- 11 FT/13 PT
- Years established:
- 16
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$117K down/$13K over 60 mos. @ 8%.
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
