Lake Lounge For Sale - Eden Valley, Minnesota, MN - Stearns County

PROFILE: Liquidation Priced.Lakeside Restaurant, Lounge, Banquet Center

AD/LISTING INFORMATION
Status: Available
State: Minnesota
Location: Eden Valley
County: Stearns
City: Eden Valley
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  130296
Seller Or Contact:  Jerry Vlaminck
Primary Phone:  763-972-9077
Alternate Phone:  612-363-7456c
Email Address:  See Form Below
Date Ad Started:  10/2/08
Date Ad Last Revised:   10/16/08

FINANCIAL INFORMATION
Asking Price: $499,000
Down Payment: $499,000
Annual Revenue: $300,000
Annual Adjusted Net: Call/Email
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: Yes
Bkr To Bkr Cooperation: Yes

DESCRIPTION: Family Reason Force Liquidation Sale Price. Just Reduced $60K. Owner Will Look At All Offers. Newly Remodeled Restaurant/Lounge With Banquet Facilities For Up To 350 People. Lower Level Walkout Lounge Seats 75. The Kitchen Is Well Equipped And Laid Out Including Convection Ovens, Range, 3 Fryers And Flat Top Grill, Facility Has Extensively Remodeled With New HVAC. New Steel Siding, New Carpet And Bar Tops. The Facility Shows Beautifully And Has Unbeatable Views Of Eden Lake.

Growth And Expansion: The Present Owner Has Not Had Time To Fully Develop The Banquet And Wedding Business With The Lower Level Lounge Now
Completed (2007). There Can Be Both Banquets And Regular Dining At The Same Time. Docks Could Be Put Out On The Shoreline For Boater With Over 280’ Of Shoreline.

Support And Training: 30 Days For New Owners.

Market Outlook: Very Good. Only Full Service Banquet Center In The Area. This Sought After Facility Is The Nicest Around And Could Be Booked Every Weekend.

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