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April 23, 2019

Business For Sale in Northern Minnesota, Minnesota

Property # 1178417 Available $895,000.00

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   Business Information

Business CategoryRestaurant
Other BusinessBar
Business NameFranchise Resturaunt
Property Address 1n.a.
Property Address 2n.a.
Property Town/CityNorthern Minnesota
Property Countyn.a.
Property StateMinnesota
Property ZIP/Postal Code 00000
MLS #n.a.
Building Sq. Ft.6,000
Lot Size Sq. Ft.n.a.
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Established2003
Business Description Northern Minnesota high volume (1,600,000+ gross) franchised table service restaurant/bar built in 2003. Real estate included. High traffic location. The business income consists of 25% liquor and 75% food sales. Priced below assessed value. Absentee owner needs to focus on other business.
Property Description built in 2003
Area Descriptionn.a.

   Financial Information

Sales Price $$895,000.00
Gross Revenue $$1,628,575.00
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $$57,000.00
Cap Rate0.00%
Year Ending2017
Lease Endsn.a.
Financing/Termscash sale

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