Family Restaurant with Rental Income Above

Pierz, MN (Morrison County)

Street view

Asking Price:$275,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:2007

Family Restaurant with Rental Income Above

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Business Description

In the heart of a strong farming community stands a well established restaurant in the city of Pierz, MN. With all updated equipment and a building remodel, this business is growing each year. With a supper club, room for special events and meetings, this is a great place local farmers join together for coffee. Potential to grow the business with catering and a liquor license which is available from the city. Also has five apartment rentals generating a base income that covers much of the expenses.

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
9
Facilities:
BUILDING SIZE: Approx. 3,200 sq. ft. APARTMENTS: 5 on 2nd level with annual income of $25,400 LOT SIZE: 7,689 sq ft. Plenty of parking in rear of building. SEATING CAPACITY: 80 HOURS: Mon – Thu 7:30 am to 7:00 pm; Fri/Sat 7:00 am to 8:00 pm; Sun 7:30 am to 2:00 pm. YEARS IN BUSINESS: 8 with current owner EMPLOYEES: 9 plus two owners
Competition:
Only restaurant in the city of Pierz
Growth & Expansion:
Potential to grow the business with catering and a liquor license which is available from the city.

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Barry Johnson

Business Listed By:
Barry Johnson

Coldwell Banker Commercial Orion

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Mike Schmitt

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