HSC-Neighborhood Diner ~Albertville

Albertville, MN (Wright County)

HSC-Neighborhood Diner  ~Albertville
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Asking Price: Get Financing: $49,900

Cash Flow: $35,000

Gross Revenue: $482,000


FF&E: $50,000

Inventory: $2,500

Lease Rate: $22.32 /SF/Month

Established: 2015

HSC-Neighborhood Diner ~Albertville

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Business Description

Great Cafe near the Outlet Mall

Busy, Profitable Neighborhood Cafe near the outlet mall in Albertville.
Family-owned and operated
Serving breakfast, lunch and dinner Open 6 days a week
Serving beer and wine
Known for great breakfasts and friendly service
Take-out available.

Lease Information: 2.5 years left on 5 year lease plus 5 year option ~ goes up 2% in Sept.

$22.32 per sq ft / month all in CAM included
$22.65 per sq ft / month after 9/1/2017

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
5PT/ 3FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facility Information: 70 parking spaces / 55 in-house seats/potential 24 seat patio-plans available upon request
Some, but this is an excellent location near the mall and residential neighborhoods with steady clientele of locals and visitors to outlet mall Great Location and 30,000 sq. ft. Sony Entertainment Complex (2018) will bring more business Located near the proposed $10 million dollar St Michael Ice Arena (2018)
Growth & Expansion:
Hours could be expanded Social Media could be leveraged more effectively/ Marketing could be utilized Huge Catering potential Full liquor license Increasing Dinner Business
Support & Training:
Reason for Selling:
Other Interests
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Contact the Seller

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Rick Guntzel

Business Listed By:
Rick Guntzel

Hospitality Services Corp.

Show Phone Number

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Sponsoring Broker:
Jerry Vlaminck

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