HSC-Family Restaurant/Real Estate/Great Sales

Saint Paul, MN (Ramsey County)

HSC-Family Restaurant/Real Estate/Great Sales
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Asking Price: $769,000

Cash Flow: $203,199

Gross Revenue: $1,412,391

EBITDA: N/A

FF&E: $80,000

Inventory: $15,000*

Real Estate: N/A

Established: 1985

*not included in asking price.

HSC-Family Restaurant/Real Estate/Great Sales

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Business Description

Established family restaurant, homemade reasonably priced hearty meals, and additional rental income from Triplex. Established restaurant over 30 years, with a great following and outstanding sales! Real estate, business and triplex included. Busy area with lots of traffic and convenient parking. Serving breakfast, lunch and dinner. Daily specials, full menu w/ recipes included. Owner is retiring and looking to pass this great business on to a new operator. Priced to sell!
- Seating approximately 50
- Traffic Counts 8,000 VPD
- .29 acres, taxes $9,742 (3 parcels)
- Restaurant Revenue $1,412,391 (2017)
- Staff 10 FT/15 PT (training available)
• Restaurant Size 1,300 sq. ft.
• 10-15% catering and 20% TakeOut (more growth available in off site catering)
• Triplex included for additional income
• Inventory Approximate $15,000 (not included in asking price)

Detailed Information

Location:
Saint Paul, MN
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,300
Employees:
10FT/15PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1300 sq. ft. restaurant w/ basement, triplex and additional lot for patron parking
Competition:
Some competition, but this opportunity has convenient parking, busy area, hearty meals and established over 30 years
Growth & Expansion:
More growth opportunity for off premise catering
Support & Training:
Available
Reason for Selling:
Retiring
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Contact the Seller

(from currently available funds)
 
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Dan McGuire

Business Listed By:
Dan McGuire

Hospitality Services Corp.

Show Phone Number

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Sponsoring Broker:
Jerry Vlaminck

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Demographic Information

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