HSC-Longstanding Restaurant Bar Franchise

Hennepin County, MN

Seller Financing Available
HSC-Longstanding Restaurant Bar Franchise
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Asking Price: $750,000

Cash Flow: N/A

Gross Revenue: $3,800,000

EBITDA: N/A

FF&E: $275,000

Inventory: $20,000*

Rent: $0.00

Established: 2007

*not included in asking price.

HSC-Longstanding Restaurant Bar Franchise

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Business Description

Profitable 2 Suburb Locations Included

2 profitable Restaurant & Bar franchises in twin cities market (west & east suburbs) featuring a full service restaurant & bar, award-winning american fare, in a casual setting. Good delivery business. Full liquor. Vibrant area surrounded by national tenants, businesses and residences. Management & staff in place, current owner is hands off w/ no day to day involvement in either restaurant. Owner would like to sell both locations together. 8 years remain on franchise agreement. Fair rents in both locations. Revenues of $3.8m. Asking price $750,000 (price includes both locations, real estate not included).

Detailed Information

Location:
Hennepin County, MN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
7 FT - 60 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 Locations: Location 1) West Metro, 6,800 sq. ft., 300 seats, Rent $9,000 net (1 year remains, fresh new lease will be available), Full kitchen & bar, Patio and banquet space Location 2) East Metro, 6,000 sq. ft., 210 seats, Rent $9,500 net (8 years remain), Full kitchen & bar freestanding building Each location has an abundance of parking, great traffic, national tenants surround areas, exceptional signage, visibility and access.
Competition:
Yes, but both locations are in great markets w/ lots of traffic and established brand.
Growth & Expansion:
Franchise is active advertising its brand and the franchisee has the opportunity to grow the catering business w/ outside sales and an active owner operator will increase your bottom line.
Financing:
Seller can provide financing w/ $300k down to experienced owner operator
Support & Training:
Yes, as needed for new owner to get familiarity w/ concept & operations from both franchisee and corporate.
Reason for Selling:
Franchisee is tired and looking to downsize
Franchise:
This business is an established franchise
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Dan McGuire

Business Listed By:
Dan McGuire

Hospitality Services Corp.

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Sponsoring Broker:
Jerry Vlaminck

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