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Business For Sale in Northern Minnesota, Minnesota
| Property # 1178564 |
Available |
$6,499,000.00 |
Link To This Page:
http://www.land.net/view.php?v_id=1178564
Business Information
| | Business Category | Restaurant
| | Other Business | n.a.
| | Business Name | Restaurant & Bar
| | 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. | 120,000
| | Lot Size Acres | 4
| | Lot Frontage Ft. | n.a.
| | Lot Depth Ft. | n.a.
| | No. Parking Spaces | n.a.
| | Year Established | 1920
| | Business Description | Bar/ restaurant with over 70 years of history With over 12000sq/ft, the bar area seats 140, dining area seats 80 plus downstairs event center seating 250. Building completely remodeled including Rtu,s , kitchens and bars on both levels including all the new equipment, all on a 4 acre parcel.
| | Property Description | located in the Duluth Superior area.
| | Area Description | n.a.
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Financial Information
| | Sales Price $ | $6,499,000.00
| | Gross Revenue $ | $800,000.00
| | Total Expenses $ | n.a.
| | Taxes $ | n.a.
| | Net Operating Income $ | $126,428.00
| | Cap Rate | 0.00%
| | Year Ending | 2018
| | Lease Ends | n.a.
| | Financing/Terms | located in the Duluth Superior area.
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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. | |
