Restaurant, Bar, Banquet With Real Estate For Sale - Stearns County, Minnesota, MN

PROFILE: Well Established Bar And Grill With Real Estate.

AD/LISTING INFORMATION
Status: Available
State: Minnesota
Location: Stearns County
County: Stearns
City: None Given
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  126640
Seller Or Contact:  Jerry Vlaminck
Primary Phone:  763-972-9077
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  11/6/08
Date Ad Last Revised:   11/6/08

FINANCIAL INFORMATION
Asking Price: $275000
Down Payment: $300,000
Annual Revenue: $365,000
Annual Adjusted Net: $64,388
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: Yes
Bkr To Bkr Cooperation: Yes

DESCRIPTION: Sales Up $45K In 2007. New Remodel In 2006. Restaurant Seats 50. Lounge Seats Up To 80 With Extra Room For Banquets/Entertainment. Full Menu Including Breakfast, Lunch, And Dinner Selections. Best Food In Town!

Growth And Expansion: Room To Add Outdoor Patio On Lot. Full Kitchen Could Also Handle Catering And Outdoor Events.

Support And Training: 30 Days For New Owners.

Market Outlook: Very Good. No Competition Within 5 Miles. Business Is The Only Restaurant In Town Of 600. Only 15 Minutes West Of St. Cloud With Population Of 50,000. 6 Apartments Upstairs Are Fully Rented. Building Has New Roof, Windows And Siding (2006).

Past Blog Posts

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