Neighborhood Cafe' and Real Estate for sale in South Minneapolis - 11689

Neighborhood Cafe' and Real Estate for sale in South Minneapolis - 11689

Location
Industry
Category
Restaurants/Cafes
Price
$1,195,000 (Business & Real Estate)
Description

Excellent corner and double lot location on a high traffic intersection with adjoining parking lot (for café customers). This unique property and renovated building are home to a well-known neighborhood café serving breakfast, lunch and beverage options. 2024 revenues are expected to exceed $750,000 with limited hours of operation (8am-3pm). Plenty of room to expand business and/or property. Asking price for the business and real estate is $1,195,000 or business can be purchased separately for $295,000. 

Listing ID
11689
Value From Year
2023
Cash Flow
$111,031
Value of Real Estate
$1,000,000
Gross Sales
$602,224
Reason for Selling
Retiring
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
3
Part Time Employees
9

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