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Asking Price$225,000
Revenue$421,365 EstablishedUndisclosed
Cash Flow$90,000 EmployeesUndisclosed
FF&E$100,000* FranchiseNo
Inventory$18,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Beautiful restaurant located in the heart of downtown Minneapolis.  Close to many businesses and the government center, and only a few blocks from the location of the new Vikings stadium.
Facilities:Beautifully renovated with high ceilings, beautiful woodwork, and gorgeous decor. There is an island bar, an open kitchen with an eating counter, and an outdoor patio. The inside is 3100 square feet, with additional seating on the patio. This is a wonderful cozy place to enjoy a business lunch, happy hour, or a elegant dinner. Fantastic lease! 4% of gross sales. It is assignable with the option to renew.
Competition:Lots of opportunities to expand lunch, dinner and catering. Downtown Minneapolis is booming with lots of new development! This area has planned development for a $400 million mixed-use development adjacent to the planned new Vikings stadium in downtown Minneapolis. Spanning five blocks, the project includes office space, retail, housing and a public park. There are other businesses in the area which compliment one another.
Training/Support:2 weeks. additional training negotiable. Will provide all recipes.
Sale Reason:Divest of Operations
Ad #69465
Seller Reference #1140147
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Contact This Seller
Jerry Vlaminck
Hospitality Services Corp.
763-972-9077
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