Successful Cafe for Sale! Includes Real Estate - Rental Income & Lend

Henning, MN (Otter Tail County)

We Sell Restaurants
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Asking Price: $395,000

Established: 1996

Successful Cafe for Sale! Includes Real Estate - Rental Income & Lend

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Asset Sale Description

Successful cafe for sale with real estate in western Minnesota includes rental unit income! Open and Operating Business, limited hours - just 8 to 3 daily. Be your own landlord and easy lending with real estate involved!
Buy this charming community cafe for sale with a successful track record of 22 years! This western Minnesota location also provides rental space adding to the cafe's cash flow. Want investment property? Look no further! This restaurant includes real estate with 6 rental units on the 2nd floor with and a first-floor cafe. SBA lending will be no problem with a lending term of 20 years since this includes real estate.
This opportunity is offered by We Sell Restaurants features a building that was built in 1996 by the current owners. The property is constructed of cinder blocks, ensuring that it is built to last for years to come! The cafe has been under the same ownership and successful management for the past 22 years. The property brings in multiple sources of income. The cafe for sale also provides the meals on wheels organization daily meals, which amounts to almost 50k in revenue annually and helps the local community.
The cafe for sale offered by We Sell Restaurants is located in Beautiful Western Minnesota in the small charming community of Henning, Minnesota. The cafe has seating for up to 68 people in the main dining room, and can hold an additional 40 in a separated conference/meeting area. Their reputation is built on their homemade food and its generous proportions that are delivered with a smile. The limited hours are from 8am - 3pm, making this an easy schedule to operate a business and still maintain the rentals.
The property is being offered at $395,000 and the rental income from the 6 apartments on the 2nd floor provide almost enough income for the payments of the real estate. This makes this property an incredible investment opportunity. Start making two sources of income from day one!

Detailed Information

Facilities:
Ice Maker 3 Door Freezer 4 Microwaves Sandwich Cooler Broaster Deep Fryer 3 Grill 4 burner stove 3 Grill Kitchen Aid Mixer Hobart Dishwasher Samsung Cash Register Hoover Carpet Shampoorer Upright Piano 2 Vacuum Cleaners 8 Wood Bench 6 low wood stools 4 high wood stools GE Stackable Washer Dryer 4 Electric Roasters Pot and Pans Cook Utinsils Misc silverware Wood Hutch Booster Seats High Chairs Large White Board Misc Pictures and Wall Hangings 25 Televisions Dishes and Glasses 3 Shelf Cart Waste Baskets Large Steel Dumpster Shovels and Brooms
Support & Training:
2 weeks
Reason for Selling:
Retirement
Business Website:
http://https://www.wesellrestaurants.com
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Contact the Seller

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Scott Ruby

Asset Sale Listed By:
Scott Ruby

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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