| Asking Price |
$975,000 | Inventory |
$11,000** |
|---|---|---|---|
| Gross Income |
$375,000 part time | Real Estate |
$950,000* |
| Cash Flow |
$75,000 | Year Established | 1980 |
| FF&E |
$81,000* | Employees | 17 |
* included in the asking price
** not included in the asking price
The owners are semi-retired and have operated the business on a part-time basis three days a week. The growth potential is phonomenal with its proximity to the metro area. The recent MN statewide nonsmoking ordinance has increased the revenue of WI border restraurants and banquet businesses. The restaurant has been renovated with recent construction of a 400+ seating banquet facility located 20 minutes from Metropolitan Minneapolis/St. Paul area and 5 minutes from Stillwater. There are two Banquet Rooms with Sound & Video Systems. The 7 acre site may be subdivided for development or to expand the existing facilities. Don't miss this opportunity of a profitable established business in a fast growing area.
Facilities: Established restaurant and 400+ seating capacity banquet facility located by Hudson, WI, one of the fastest growing communities in the U.S. The business has a large bar and dining area plus two banquet rooms with sound and video systems in an 8,335 sf facility. Large brick fireplace in dining room with big screen TV in bar. A large asphalt parking area is part of the 7 acre site.
Competition: Restaurant and banquet facility is located in one of the top 50 fastest growing communities in the U.S. It is in the Suburban Mpls/St Paul area. Located on popular Mississippi Scenic Hwy 35 and near the St. Croix River. It is located 4 miles from Stillwater, MN. It is conveniently located between the communities of Hudson, Somerset, and Stillwater.
Growth/Expansion: The owners are semi-retired and the business is only operated 3 days from Friday through Sunday. The growth potential is phenomenal. The business community has contined to grow plus expansion of the industrial parks. There is a facility need for conference centers and business meetings. The increasing population growth has led to full bookings for weddings and parties. The site of 7 acres provides ample parking plus expansion possibilities of outdoor dining patios, beer garden and volleyball courts.
Financing: Seller financing available.
Support/Training: Seller will assist buyer for 30 days and thereafter on a part time basis as needed.
Reason Selling: Sellers have been semi retired and seek full retirement.

To inquire about this business for sale, click the Reply button below


The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

