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December 15, 2019

Business For Sale in St. Louis County , Minnesota


Property # 1178578 Available $649,900.00


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http://www.land.net/view.php?v_id=1178578


   Business Information

Business CategoryRestaurant
Other Businessbar/event center
Business NameBar and Grill
Property Address 1n.a.
Property Address 2n.a.
Property Town/CitySt. Louis County
Property Countyn.a.
Property StateMinnesota
Property ZIP/Postal Code 00000
MLS #n.a.
Section/Block/Lotn.a.
Zoningn.a.
Building Sq. Ft.12,000
Lot Size Acres4
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Established1920
Business Description Established Bar/ restaurant with over 70 years of history. Yearly revenue increases. The bar area seats 130, dining area seats 100 plus downstairs event center seating 200. Owner financing available
Property Description Building completely remodeled including Rtu,s , kitchens and bars on both levels including all the new equipment, all on a 4 acre parcel.
Area Description Located in Duluth/Superior area. Duluth is a regional center servicing northern MN and portions of WI, M, and Ontario providing professional banking, retail, cultural, entertainment, education, medical and business services.


   Financial Information

Sales Price $$649,900.00
Gross Revenue $$800,000.00
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $$126,428.00
Cap Rate0.00%
Year Ending2018
Lease Endsn.a.
Financing/Termsowner financing available

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.
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