Perfectly Charming Restaurant Cafe' North of Twin Cities For Sale - 11605

Perfectly Charming Restaurant Cafe' North of Twin Cities For Sale - 11605

Location
Industry
Category
Cafe's/Restaurants
Price
$675,000 (Business & Real Estate)
Description

Family-owned café restaurant located less than an hour north of the Twin Cities metro on the main highway of a popular destination town. The business occupies a beautifully renovated historical brick house converted into a breakfast, brunch and lunch restaurant. Old World charm meets fresh, new food options in a bright and cozy house-like atmosphere. The business is currently only open for breakfast and lunch (11am to 3pm M-W and 9am to 4pm Th-Sun). Extending the hours for breakfast and dinner would be a huge opportunity for growth under new ownership. 2023 Revenues of $330,120 and a Total Adjusted Net income of $121,502. The asking price for this business is $100,000 and the Real Estate may also be purchased for $575,000. 

Listing ID
11605
Value From Year
2023
Cash Flow
$121,502
Value of Real Estate
$575,000
Equipment Price
$25,000
Gross Sales
$330,120
Reason for Selling
Owner Retiring
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
5
Full Time Employees
1
Part Time Employees
9

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