An upscale American restaurant offering a wide variety of steaks, seafood, and pasta.
Located in the Twin Cities metro area, this restaurant has been in business since the 1950s.
Consistent sales around $1.5M and cash flow near $400K.
Asking Price: $2,200,000 —
Business: $1.2M
Real Estate: $1M
SBA financing available.
Interested buyers should have approximately $240,200 in available capital for the down payment.
Sunbelt Listing ID: 57037
- Listing ID:
- 57037
- Industry:
- Restaurant & Bar
- Location:
- Minnesota
- Revenue:
- $1,473,853
- Business Price:
- $1,200,000
- Down Payment:
- $240,200
- SDE (Cash Flow):
- $381,366
- Real Estate:
- For Sale
- Real Estate Value:
- $1,000,000
- Included in Asking Price:
- Yes
- Real Estate Size:
- 3,600 sq. ft.
- Listing Agent:
- Steve Lee
- FF & E:
- $100,000
- Inventory included in asking price:
- Yes
- Inventory Value:
- $10,000
- Years in Business:
- 20+ years
- Is this a franchise:
- No
- Employees (Full-Time):
- 2
- Employees (Part-Time):
- 20
- Reason for selling:
- Retirement
- SBA Financing Available:
- Yes