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.