Long-Established , Turn-Key, Full-Service Restaurant Near Lake Superior For Sale - 11429

Price
$1,500,000
Location
Industry
Category
Restaurants
Description

Long-established, Turn-Key, Full-Service Restaurant offering a full menu with dine-in and take-out options. Located on convenient lot near Lake Superior within walking-distance of the harbor. A local favorite with breakfast all day and homemade pies. Includes a 2 BR suite on the second level, set up as a vacation rental by the night, with separate entrance. Sleeps 6 comfortably. Open year-round. Continued annual growth. Owner has kept everything updated. Price includes all FF&E and Inventory. For more information, please contact Bob Cardinal at 952-564-3806 or email [email protected]

Listing ID
11429
Value From Year
2019
Cash Flow
$112,000
Equipment Price
$50,000
Gross Sales
$987,000
Reason for Selling
Retiring
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
49
Full Time Employees
5
Part Time Employees
20

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