MergerPlace

Turn Key Bar and Grill

Minnesota (Goodhue)


  • Asking Price: $545,000
  • Gross Income: $280,251
  • Cash Flow: $143,666
  • Real Estate: $270,000
  • Inventory: Not Disclosed
  • FF&E: $20,000
  • Listing ID: #200923
  • Established: 2000
  • Employees: 5 PT

Business Description

Bar and Grill in Goodhue County. Pride of ownership shines off the grills and bar top, with modern, recently updated styling, this establishment is a money making, turn-key restaurant. This is a family friendly business, with only two/three staff needed to run the operation. This bar and grill offers beer, wine and liquor along with traditional American food like burgers, salads, soups, pizzas and dinner specials. The restaurant business is very competitive, but by focusing on good food and atmosphere, this company has built up a loyal clientele and solid reputation that gives it a competitive advantage over other local establishments.The building price is included in the total price. Building is well maintained with many new furnishings and efficient utility areas (office, fridges, freezers, dry storage). Current owner has been in the restaurant business for many years and has sculpted the facility to be easy to run. Opportunities for growth include changes to the menu, adjusting specials to be more effective at drawing in customers during slow times and expanding marketing efforts to different channels. With a solid reputation already in place, this business will be great for someone who wants to continue what is already being successful, or someone who wants to add their personal style to bring in even more customers.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Minnesota
County: Goodhue

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 PT

Financial Information

Asking Price: $545,000
Gross Revenue: $280,251
Cash Flow: $143,666
FF&E: $20,000
Real Estate: $270,000
Seller Financing Available: Yes

Property Information

Facilities:

The building price is included in the total price. Building is well maintained with many new furnishings and efficient utility areas (office, fridges, freezers, dry storage). Current owner has been in the restaurant business for many years, and has sculpted the facility to be easy to run.

Growth & expansion opportunities:

Opportunities for growth include changes to the menu, adjusting specials to be more effective at drawing in customers during slow times and expanding marketing efforts to different channels. With a solid reputation already in place, this business will be great for someone who wants to continue what is already being successful, or someone who wants to add their personal style to bring in even more customers.

Competition:

The restaurant business is very competitive, but by focusing on good food and atmosphere, this company has built up a loyal clientele and solid reputation that gives it a competitive advantage over other local establishments.

Reason for selling:

Owner wants to enjoy his cabin much more than he is now.

Support & Training:

Will train for 2 weeks @ no cost. This bar and grill offers beer, wine and liquor along with traditional American food like burgers, salads, soups, pizzas and dinner specials. Appropriate food and beverage licenses must be maintained with the state.

Contact Business Seller

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Business Listed By:

Jacob Petersen

Murphy Business Brokers