Neighborhood Bar & Grill in Northern suburbs - $641,170 revenue

Minnesota
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Asking Price:$175,000
Gross Revenue:$641,170
FF&E:$50,000
Established Year:1952
Cash Flow:$87,779
Inventory:$15,000
Real Estate:$450,000
BUSINESS DESCRIPTION

This turnkey restaurant has been in town since 1952!

This turnkey restaurant has been in town since 1952. Full-liquor license in place with quality food and experienced staff.
• Fantastic opportunity to increase sales as an owner/operator.
• SBA Bank financing is in place and the business has been pre-approved for a buyer with transferable skills with $128,000 down.
• Property includes a leased apartment bringing in $1,400 per month.

Sunbelt Listing ID: 54752


DETAILED INFORMATION
Location
Minnesota
Inventory
Included in asking price
Real Estate
Owned
Building SF
2,500
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building Sq. Footage: 2,500 square feet; 1,800 sq ft bar & grill, 700 sq ft apartment
Financing
$130,000 Down Payment. SBA Financing.
Reason for Selling
Family commitments
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