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Large Restaurant For Sale, Building & Land- Northern Suburbs

St. Paul-Minneapolis-Twin Cities, Minnesota, United States
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Asking Price$0
RevenueUndisclosed Established1985
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$200,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$1,450,000* Home-basedNo
* Included in Asking Price
Property is established and currently operating as an Asian Style cook to order restaurant. Restaurant is 7,209 sq ft and seats about 180 people. Sales are currently approximately $800,000/year. Offers full bar as well. There is also a small patio for outdoor dining. Current owner has had for 10 years and put in about $450,000 in improvements to the building/restaurant. He owns 2 other restaurants and at this time would like to scale back and focus on only the other two. Restaurant sits on 3.23 acres on a busy street. Property could be converted to another restaurant concept or could also be a good location for a hotel/motel or drug store. Full written appraisal completed in 2012 for $1,690,000. Seller may also be open to leasing the property. Please call Richard Jahnke 612-455-0881
Sale Reason:Reduce work load
Ad #42078
Seller Reference #MINNEMN001-N1376
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Contact This Seller
(651) 484-2677
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