Downtown Minneapolis Sports Bar/Restaurant with Seller Financing

Minneapolis, MN (Anoka County)

Seller Financing Available
Downtown Minneapolis Sports Bar/Restaurant with Seller Financing
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Asking Price: $300,000

Cash Flow: $153,860

Gross Revenue: $848,316

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2013

Downtown Minneapolis Sports Bar/Restaurant with Seller Financing

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Business Description

Nicely updated bar/restaurant with excellent staff in place. Owner works part-time in the business and has strong bar manager and kitchen manager. There is also a separate room for parties that can provide additional income. The business does approximately 75% of sales in alcohol and 25% in food. There is a huge opportunity to grow the food part of the business with better menu.
Good processes and procedures in place and a P.O.S. system that can be accessed from owner’s cell phone.
The owner will finance to a qualified buyer with only 100k down over 7 years at 7% interest, monthly payment would be $,3018.54
Please contact Peggy DeMuse at 651-288-1627 pdemuse@sunbeltmidwest.com or Matt Schroder at 651-288-1629 mschroder@sunbeltmidwest.com for additional information.

Detailed Information

Employees:
15
Reason for Selling:
New Opportunity in different city
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Sunbelt Business Brokers and M&A Advisors

Business Listed By:
Sunbelt Business Brokers

Sunbelt Business Brokers

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