HSC-Price reduced: Restaurant Full Kitchen & Bar w/ Patio Lake Views

Forest Lake, MN (Washington County)

HSC-Price reduced: Restaurant Full Kitchen & Bar w/ Patio Lake Views
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Asking Price: $45,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $65,000

Inventory: N/A

Rent: $4,700 /Month

Established: N/A

HSC-Price reduced: Restaurant Full Kitchen & Bar w/ Patio Lake Views

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Business Description

Price Reduced for quick sale! Turnkey Restaurant in Forest Lake w/ full kitchen, small-scale bar and patio. Operationally ready for your concept. Asset sale & currently closed. Local ownership group is looking to downsize restaurant portfolio. Great kitchen for catering. Events at the park.
- Seating 80 dining, 8 bar, 12 patio
- Rent $4,700/month all-in
- Forest Lake Population 19,879
- Lakeside views, Park and beach
- Huge shared parking lot (city maintained)
• Size 3,055 sq. ft. + 400 sq. ft. storage
• FF&E approximately $65,000

Detailed Information

Location:
Forest Lake, MN
Real Estate:
Leased
Building SF:
3,455
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,055 sq. ft. and 400 sq. ft. storage
Competition:
Yes, but this restaurant has lake views, a great kitchen for catering, patio, and city maintained parking.
Financing:
Open to offers
Reason for Selling:
Downsizing restaurant portfolio
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Contact the Seller

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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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