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Neighborhood Bar & Grill in Northern suburbs - $641,170 revenue. Approximately $130K down payment with bank financing. 54752
Restaurants & Food Businesses for Sale
- Primary Industry: Bars, Pubs & Taverns
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
Financial Information
- $175,000 Asking Price
- $87,779 Cash Flow
- $641,170 Gross Revenue
- $130,000 Down Payment
Business Location
- City: Confidential
- State: Minnesota
Reason for Sale
- Family commitments
Detailed information
- Year Established: 1952
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: Yes
- Part-Time Employees: 8
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $15,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $450,000
- Building Size: 2500
- FF&E Included?: Yes
- FF&E Value: $50,000
Real State Description
- Building Sq. Footage: 2,500 square feet; 1,800 sq ft bar & grill, 700 sq ft apartment
Business Listed by
Sunbelt Business Advisors
Sunbelt of MinneapolisContact Business Broker
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