MergerPlace

Restaurant Quick Serve

Forest Lake, Minnesota


  • Asking Price: $90,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $7,000
  • FF&E: $65,000
  • Listing ID: #211518
  • Established: 2016
  • Employees: 17

Business Description

Turnkey restaurant quick-serve concept w/ full kitchen & bar Forest Lake. Established 2 1/2 years with a great following and consistent sales! Busy area with lots of traffic and convenient parking. Restaurant operation hours are 11am to 10pm daily. Full liquor license. A new owner will excel being involved with the business operations. Ownership is downsizing restaurant portfolio, new owner will have to change business name.
- Seating 35 bar & 46 dining
- Traffic Counts 15,400 VPD
- 17 staff members (owners aren't hands-on with business operations)
- Rent $4,006/month + operating costs (7 years remain on lease) new owner will have to assume or renegotiate lease w/ landlord.
• Restaurant Size 3,230 sq. ft.
• Patio seating
• FF&E $65,000
• Inventory Approximate $7,000 (not included in asking price)


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Minnesota
Metropolitan Area: Forest Lake

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 17

Financial Information

Asking Price: $90,000
FF&E: $65,000
Inventory: $7,000
Seller Financing Available: No

Property Information

Facilities:

3230 sq. ft. restaurant, quick service, seating 46 dining & 35 bar, vending, full kitchen & bar

Growth & expansion opportunities:

Owner operator will make this business excel

Reason for selling:

Downsizing

Support & Training:

Negotiable

Contact Business Seller

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Business Listed By:

Dan McGuire

HSC Brokers