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Businesses For Sale > Business For Sale in Theilman, Wabasha County, Minnesota (MN)
BJs Bar and Grill in Southeast MN for sale in Theilman, Wabasha County, MN
Theilman, Wabasha County, Minnesota (MN)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 425,000 |
$ 723,484 |
$ 132,345 |
Furniture and Fixtures Value:
$ 84,000 (included in the asking price)
Inventory Value:
$ 14,000 (included in the asking price)
Real Estate:
$ 450,000 (included in the asking price)
Business Summary:
BJs Bar and Grill in beautiful Theilman, MN is available for sale. This business is turn key with all assets need to run the operation included in the asking price. Set on just under 2 acres of land, this 14,000 sqft facility contains a bar, restaurant, and social hall that can handle up to 600 guests at a time.Located in the picturesque bluffs of Southeast Minnesota this business offers a place to get food and drink for the campground next door, locals from all over the surrounding area, and snowmobilers as they ride the trail that passes right next to the facility. In addition, wedding parties and local non-profits utilized the 10,000 sq ft banquet hall throughout the year.With thirteen dedicated and skilled part-time staff and enough equipment to feed 600 people at a time, this business is set up for success for the next owner.Capitalize on this opportunity to own a highly coveted piece of real estate and turn-key business today!
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| Year
Business was Established: 1968 |
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| Number of Employees:
13 PT |
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| Facilities / Terms of Lease:
The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'.
In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door. |
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| Potential
Growth/Expansion:
There are many avenues for growth in this business including: 1) adding an outdoor patio, 2) adding outdoor music, 3) opening up more days of the week, 4) marketing more for the banquet hall space and doing more big events, 5) changing up the food and drink specials. |
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| Competition:
This business experiences a normal amount of competition in the bar, restaurant, and banquet hall spaces it serves. |
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| Owner
willing to finance:
$382,500 down/$42,500 over 60 mos. @ 8%. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Owner wishes to retire from restaurant ownership. |
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Seller Reference Number: 5106-18930
BusinessMart.com Listing Number: 316505 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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