Calhoun Companies

Listings

Food and Beverage
Bar and Restaurant

Listing ID: 10107

Category: Bar and Restaurant

Big city cooking in small town restaurant brings locals a touch of fine dining cuisine.  There is a casual bar side, a formal dining side, and an upscale catering business.  The three venues produce around $600K in annual revenue with about 16% cash flow for the owner.  Popularity of the restaurant and a second business are currently placing too much demand on the owner's time.  If a new owner takes over the business, the current owner is willing to work as a chef for a peroid of time.  Asking Price of $360,000 for Business, FF&E and Real Estate;  Inventory at time of sale is additional at time of sale.  For more information please contact Brian Tjaden at 612-963-3810 or Cindy Schuster at 952-831-3300 or  Brian@calhouncompanies.com.  My Business Is Selling Your Business - The Biz Guy!

Agent
BT
Location
Minnesota
Price
$ 360,000
Dollar Values from Year
2012
Gross Sales
$572,822
Cash Flow
$81,997
Value of Real Estate
$150000
Value of Real Estate Included in Price
Yes
Value of Equipment Included in Price
Yes
Value of Inventory Included in Price
No
Year Established
50
Number of FT Employees
1
Number of PT Employees
10
Reason for Selling

Other interests

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