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Listing ID: 2417684

Large Restaurant, Building & Land- Northern Suburbs For Sale

St. Paul-Minneapolis-Twin Cities, Minnesota, United States

not disclosed

(Furniture / Fixtures included)
(Real Estate Included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Property is established and currently operating as an Asian Style cook to order restaurant. Restaurant is 7,209 sq ft and seats about 180 people. Sales are currently approximately $800,000/year. Offers full bar as well. There is also a small patio for outdoor dining. Current owner has had for 10 years and put in about $450,000 in improvements to the building/restaurant. He owns 2 other restaurants and at this time would like to scale back and focus on only the other two. Restaurant sits on 3.23 acres on a busy street. Property could be converted to another restaurant concept or could also be a good location for a hotel/motel or drug store. Full written appraisal completed in 2012 for $1,690,000. Seller may also be open to leasing the property. Please call Richard Jahnke 612-455-0881

Property Details

Years Established:

1985

Property Type:

Real

FF&E:

$200,000

Real Estate Value:

$1,450,000

Other Details

Operation Details

Employees:

N/A

Miscellaneous

Reason For Selling:

Reduce work load

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