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Family Restaurant with banquet room

North Metro, Minnesota (Anoka County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $60,000 Inventory none** 
Gross Income $370,000 Real Estate  
Cash Flow $60,000 Year Established 2001
FF&E N/A Employees 1ft/19pt

* included in the asking price

** not included in the asking price

Established, profitable pizzeria with banquet room in good shopping mall with Highway 10 exposure in fast growing community. Opened in 2001, this pizza operation has had consistent sales and will be a great spot for an owner/operator. Present owner is downsizing to run one store and is not selling the name. New owner must rename restaurant and re-sign the building.

Facilities: 3,200 sq ft Lease: $3,800/mo plus CAM and Taxes

Competition: Good. Only pizza restaurant in immediate area.

Growth/Expansion: Located in one of the fastest growing communities in Anoka County. Restaurant offers 3 areas for growth. Dine-in with seating of 56 in dining room and another 60 for banquet room for parties, sports teams, etc and delivery to both business and residential customers.

Seller Financing Available: Yes

Financing: Possible terms to qualified buyer

Support/Training: Possible training available for new owners.

Reason Selling: Downsizing

Business For Sale By

Jerry Vlaminck

763-972-9077

Hospitality Services Corp.

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