Highlights

• Excellent Restaurant Business Opportunity
• Recenttly Renovated And In Immaculate Condition
• Turnkey Business

• Owner Will Help Transition New Owner(s)
• Excellent Customer Base
• Business May Be Purchased Separately For $250,000.00

Description

Business and Real Estate available at $450,000.00. Business may be purchased separate from Real Estate for $250,000.00. Net Income number includes wage to owner. Restaurant completely renovated in 2000, and is immaculate. Kitchen has stainless steel walls and glass board walls. Seating for 360 persons on main floor, and an additional 220 persons in the basement banquet facility, also renovated. Basement banquet facility also has full kitchen. Main floor and basement are 5,000 SF each. Entire building is equipped with a wet sprinkler system. Business is very profitable. Sale includes business, furniture, fixtures, and equipment, and real estate. Land is owned by Moorhead Center Mall condominium Ass'n. Equipment list on file. Inventory is extra and averages $5,000.00. Not a franchise. Real estate may also be leased to buyer @ $35,622.00 current annual rent. 2001 financials includes owner salary and has been factored in to analysis.

Property restaurant is located in is within the Moorhead Center Mall shopping center, a regional shopping center located on Center Avenue in downtown Moorhead, MN. Building is owned by the business owner under a condominium association. Building is masonry construction built in 1974 with later renovations.