Business Summary:
One of a Kind! Very successful large two story Bar/ Restaurant/ Nightclub located in a historical part of Minneapolis near downtown. Great parking, large outdoor patio! Everything is in Great Condition! Great numbers and cash flow! Must see! Call for more details!
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| Year
Business was Established: 1984 |
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| Number of Employees:
16FT/52PT |
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| Facilities / Terms of Lease:
18,000 sq ft
Lease: $10,000/mo NNN |
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| Potential
Growth/Expansion:
This very popular business has done extremely well since its conception and has thrived throughout economic good times and hard times. This establishment is a “one of a kind” business in the Twin Cities Metro area and has done steady sales numbers for nearly 3 decades and 4 Presidents. Owner is retiring. |
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| Competition:
Sales continue to stay steady despite this economy. The current owner is not doing any marketing and is letting the business run itself. A new owner with fresh ideas could take this business and increase revenue dramatically. Choice property for future development! Condos, Townhomes, etc. Developer could buy property and leaseback to owners for 5-10 years at market rate. Change venue to a large major downtown restaurant |
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| Owner
willing to finance:
$450K down with terms acceptable to sellers |
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| Owner
willing to train:
owner will train extensively if needed |
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| Reason for selling:
Retirement |
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Seller Reference Number: 460138
BusinessMart.com Listing Number: 67291 |
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on this business
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