Restaurant
Location Minnesota,United States
Asking Price Range $500K - $1.0M
Gross Revenues $606792
Net Profit / Cash Flow $225708
Cash Flow Type EBITDA
Seller Finance No
Year Established 1920
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training The Owner is willing to remain 60 days order to...
Reason for Sale The Owner wishes to pursue other areas of interest
Description This Owner operated business was established in 1920. The current ownership began in 1998. This is a casual theme restaurant and banquet room. They are recognized in the local and surrounding communities for serving great food in a casual unique atmosphere. This is a well-established business, operating 85 years, with widespread name recognition. Known as ''the place to go'' their customer base is extensive mostly consisting of 70% repeat customers and 35% referral. This business has increased gross sales by 59% in six years and with expansion has even greater revenue potential. Contact for more information on this Restaurant business for sale.
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