--- title: $1.9M Gross Sales Venue — Ready for New Owner description: This well-known Twin Cities establishment has been a gathering place for loyal customers, community groups, and countless special occasions. image: https://listing.tworldnorthstar.com/hubfs/Listing%20Images/993848%20Listing%20Img.jpg --- [![Transworld Business Advisors](https://listing.tworldnorthstar.com/hubfs/logo%20(1).svg "Transworld Business Advisors")](https://www.tworldnorthstar.com/) [BUY WITH PACK](https://marketplace.hubspot.com/products/palmspire/growth-series-pack) [BUY THIS PAGE](https://marketplace.hubspot.com/products/palmspire/request-a-quote-1-growth-series) ![993848 Listing Img](https://listing.tworldnorthstar.com/hs-fs/hubfs/Listing%20Images/993848%20Listing%20Img.jpg?width=1366&name=993848%20Listing%20Img.jpg "993848 Listing Img") $1.9M Gross Sales Venue - Ready for New Owner # 17441-993848 ## Listing Details: - **Business Category: **    Restaurants - **Price: **                                     $250,000 - **Gross Revenue: **             $1,884,157 - **SDE:                              **$5,474 - **Seller Financing:   **       $125,000 - **Location: **                      Twin Cities Metro - **Employees:**                   40 - **FF&E:                            **$75,000 - **Support & Training:** **  **   8 weeks     - **Reason for Selling:**      Retirement** **     - **Non-Compete:            **  500 Miles for 5 Years - **Years Owned:**                       38 **                **  ## Business Description For multiple generations, this well-known Twin Cities establishment has been a gathering place for loyal customers, community groups, and countless special occasions. The business is built on relationships—many customers are known by name, with generations of repeat visitors who value the friendly atmosphere, reliable service, and welcoming staff.  Highlights include:  - **Established reputation** with a long history of community presence  - **Seasoned, loyal team** that knows the clientele and delivers consistent service  - **Spacious facility** with flexible banquet space  - **Strong repeat business** from social groups, community events, and private parties  - **Ample, free parking** that customers love—an uncommon benefit in this market  The venue is well-suited for banquets, events, and gatherings, with repeat business from groups and organizations offering excellent growth potential for an operator who wants to expand event-based revenue.  While the business is slightly cash-flow positive, it offers a rare chance to acquire a fully built-out, long-established operation with loyal customers and strong community goodwill. An ideal buyer may be someone with hospitality experience, a concept to plug into an existing facility, a strategic operator looking for expansion into the area, or someone passionate about running a lifestyle business.    ## Business History Started more than 20 years ago.    ## Competitive Analysis Limited competition in the surrounding area.     ## Growth Potential  Little to no money spent on marketing and advertising. A new owner could invest in this area to help drive more business.     ## Number of Employees Managers: 3 Full Time: 4 Part Time: 33 Total: 40   ## Owner Weekly Hours Owner does not run the day-to-day operations of the restaurant.     ## Revenue Trends Top line revenue has been very consistent.  #### Interested in learning more about this business? ##### Fill out the form below to gain access to additional information. ![AdobeStock_114312332_MinneapolisSkyscape_lake-2](https://listing.tworldnorthstar.com/hs-fs/hubfs/AdobeStock_114312332_MinneapolisSkyscape_lake-2.jpeg?width=2500&name=AdobeStock_114312332_MinneapolisSkyscape_lake-2.jpeg "AdobeStock_114312332_MinneapolisSkyscape_lake-2") ## Want to see more? Browse our list of companies and small businesses for sale. Be sure to check back often since we're adding new listings on a regular basis.  [![View All Listings](https://no-cache.hubspot.com/cta/default/2268827/7e5c590d-e3ab-4789-92cb-9712a9b07690.png)](https://cta-redirect.hubspot.com/cta/redirect/2268827/7e5c590d-e3ab-4789-92cb-9712a9b07690) ![icon of an enevelope](https://cdn2.hubspot.net/hubfs/3842749/Icons/003-new-email-outline.svg "icon of an enevelope") E-mail address #### [northstar@tworld.com](mailTo:northstar@tworld.com) ![icon of a telephone](https://cdn2.hubspot.net/hubfs/3842749/Icons/002-phone-call.svg "icon of a telephone") Contact us #### [+(888) 290-5232](tel:+8882905232) ![icon of hands shaking](https://cdn2.hubspot.net/hubfs/3842749/Icons/001-handshake.svg "icon of hands shaking") Confidential Consultation #### [Schedule a Meeting](https://www.tworldnorthstar.com/talk-to-a-business-advisor) [![TRANSWORLD-LOGO-2023-2Color-VF-02](https://listing.tworldnorthstar.com/hs-fs/hubfs/Tworld%20Logos/TRANSWORLD-LOGO-2023-2Color-VF-02.png?width=1801&height=600&name=TRANSWORLD-LOGO-2023-2Color-VF-02.png "TRANSWORLD-LOGO-2023-2Color-VF-02")](https://www.tworldnorthstar.com) Whether you are a business owner looking to sell your company, or represent an acquisition-minded corporation, or are personally interested in owning your own business, we can help you.   [3800 American Blvd. W. 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