Business For Sale in Northern Minnesota, Minnesota

Property # 1178417

Available

$895,000.00

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Link To This Page:
http://www.land.net/view.php?v_id=1178417

Business Information
Business Category	Restaurant
Other Business	Bar
Business Name	Franchise Resturaunt
Property Address 1	n.a.
Property Address 2	n.a.
Property Town/City	Northern Minnesota
Property County	n.a.
Property State	Minnesota
Property ZIP/Postal Code	00000
MLS #	n.a.
Section/Block/Lot	n.a.
Zoning	n.a.
Building Sq. Ft.	6,000
Lot Size Sq. Ft.	n.a.
Lot Frontage Ft.	n.a.
Lot Depth Ft.	n.a.
No. Parking Spaces	n.a.
Year Established	2003
Business Description	Northern Minnesota high volume (1,600,000+ gross) franchised table service restaurant/bar built in 2003. Real estate included. High traffic location. The business income consists of 25% liquor and 75% food sales. Priced below assessed value. Absentee owner needs to focus on other business.
Property Description	built in 2003
Area Description	n.a.
Financial Information
Sales Price $	$895,000.00
Gross Revenue $	$1,628,575.00
Total Expenses $	n.a.
Taxes $	n.a.
Net Operating Income $	$57,000.00
Cap Rate	0.00%
Year Ending	2017
Lease Ends	n.a.
Financing/Terms	cash sale

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.