Niche Contractor in Construction Industry
Only $371,000 down, with SBA financing, for qualified Buyers to buy the business and real estate! Owner is retiring from this profitable company serving high-end commercial clients such as US Bank Stadium, University of Minnesota and Rochester Mayo Clinics. This business offers excellent cash flow and would be an excellent opportunity for an owner/operator with management or sales skills, or an existing construction business expanding their geographic area or offerings. Skilled, experienced staff in place for a smooth transition.
Real Estate available for an additional $300,000 - cash at closing – which includes over 2500 sq ft of warehouse space and an additional 1000 sq ft office space.
Restaurant / Cafe: Twin Cities
Ramsey County, MN
SBA Financing Pre-Approved!
- 10% Down, 5% Rate, 25 year Amortization
This is a fantastic opportunity to purchase this very well established Restaurant/Cafe for sale in the St. Paul market, perfect for an owner/operator, chef, or expansion of an existing café business. This business is successful, and has had consistent revenue for the last 3 years with 2015 at $673,784. 2016 is looking just as routine. As to the profits, COGS are at 35%, and cash flow for 2015 at $102,838. Although this business has operated well, many realistic opportunities are available for growth. The pump is primed for this business to take off with a new owner!
Since the ‘90s, this business has been established and positioned in its market very well. It is a staple of the community it serves, leading its competition by providing excellent food items and service. Providing a renowned breakfast, lunch, and catering menu consisting of mixed Mexican and American fare, this café operates under limited hours and no liquor license. Expanding on an already substantial business model only procures significant upside growth and opportunity.
The Owners only sell, as their “baby” has been raised, and they are now ready to empty nest, passing on the established traditions to a new owner.
This opportunity is unique. The Seller’s make available for sale, the Business only with a lease, or at a Buyer’s interest, the Real Estate additionally. Therefore, at this time, the Real Estate only is not available for purchase. The restaurant space is 7,000sqft total, and includes storage and office in the lower level. Fully furnished kitchen and dining, all FFE is included in sale. The Real Estate includes the Building of 8,000sqft, of which 1,000sqft is tenant leased, includes billboard lease, and additional 1/8 acre parcel serving as parking lot partially subleased to an unrelated tenant. All business FFE is included, except minor personal collections such as artwork and memorabilia.
If you have any interest in the Food Industry, this really is a must see opportunity, as the menu, product offering, and growth potential needs to be witnessed. This business is ready for the next level of growth, and you just may be the beneficiary!