Profitable Full-Service Restaurant and Event Center with Real Estate in Central Minnesota 55622

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Restaurants & Food Businesses for Sale

  • Primary Industry: American Restaurants

For over 80 years, this renowned restaurant and event center has been a cornerstone of central Minnesota’s hospitality scene. Offering a turnkey operation with consistent profitability, this opportunity combines tradition and growth potential.

Key Features:
• Spacious Facility: 17,000 sq. ft. building on a 2.5-acre lot, featuring multiple dining spaces, a full-service bar, and flexible event areas.
• Impressive Financials: Generating $2.66M in annual revenue and $762K in cash flow.
• Real Estate Included: Valued at $1.8M, ensuring long-term stability and operational control.
• Trusted Legacy: A proven history of success with deep community ties.
• Growth Opportunities: Positioned to leverage the restaurant industry’s projected growth to $1.2 trillion by 2030.

Whether you're an investor seeking a profitable venture or a restaurateur ready to build on decades of success, this property offers unmatched potential in a thriving industry.

Sunbelt Listing ID: 55622

Financial Information

  • $1,700,000 Asking Price
  • $762,436 Cash Flow
  • $2,667,034 Gross Revenue
  • Negotiable Down Payment
  • Yes Financing

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1936
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 12
  • Part-Time Employees: 50
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $1,800,000
  • Building Size: 17000
  • FF&E Included?: Yes
  • FF&E Value: On request
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-55622

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