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624 S Cedar St
Royalton, MN 56373
Sale Pending | High Volume DQ Grill & Chill · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.29 AC
Zoning
A
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
150’ on S Cedar St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

ABOUT 624 S CEDAR ST , ROYALTON, MN 56373

New Pricing! CBC Orion is pleased to offer For Sale this original owner, high volume Dairy Queen Grill & Chill business in Royalton, MN. Prime location just off Highway 10, with daily traffic counts of 21,000 VPD. This DQ is situated on the Highway 10 frontage road (Cedar Street), with easy on and off access to Highway 10. Building consists of approximately 2,400 square feet (plus lower level) with a Drive-thru on .57 acre parcel. Site size will easily accommodate future expansion if desired. Dairy Queen is a royal figure among ice cream fans. American Dairy Queen is a leading franchisor of quick-service restaurants specializing in frozen treats, with more than 6,000 Dairy Queen outlets located throughout the US. Along with ice cream, its menu also includes burgers, hot dogs, chicken, salads, and sweet eats, including DQ cakes, pies, sundaes, cones, and Blizzard treats. The Dairy Queen chain was founded in 1938. American Dairy Queen is the domestic franchising arm of International Dairy Queen (IDQ), which also franchises DQ Orange Julius outlets and Karmelkorn popcorn stands. IDQ is owned by Warren Buffett's Berkshire Hathaway. This business is independently owned and operates with one full time store manager and 30+/- part time/seasonal employees. Experienced manager and well trained staff are in place. Gross revenue has increased year over year, with sales of over $1 MIL reported in 2015 and 2016. Ideal opportunity for hands on owner/operator to increase cash flow through reductions in payroll and fine-tuning operating expenses. Highway 10 is a main arterial highway for northern Minnesota lakes area cabin owners headed up north. Highway 10 merges into Highway 371 which provides access to the numerous lakes in the Brainerd, MN lakes area. Royalton is a community 20 miles north of Saint Cloud, and approximately 80 miles northwest of Minneapolis. Business and real estate Now Offered For Sale at $825,000, plus resalable inventory.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44.0275.000
Land Assessment
$90,300
Improvements Assessment
$292,100
Total Assessment
$382,400
  • Listing ID: 4787550

  • Date on Market: 11/2/2016

  • Last Updated:

  • Address: 624 S Cedar St, Royalton, MN 56373

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