This listing is a busy downtown restaurant, café, and full service bar located in Downtown Minneapolis. The location and décor are fantastic. The restaurant and bar serve everything from breakfast for downtowners, happy hour crowd, comfort food for dinner, and late night dessert for theater goers. The restaurant opened in 2011, has established itself a regular following, and is very profitable. New condo developments with hundreds of units are under construction in the area which brings more potential customers nearby. Annually, sales are very steady, with summers being much busier with more foot traffic and patio seating for 60. The landlord has informed the seller that 5 new tenants have signed leases in the building, bringing in 150+ new people daily. This has become a high demand location.
Busy NE Mpls Restaurant, Bar, and Cafe for sale Lower Price! - SOLD
Business Name: | Wilde Cafe and Spirits |
Asking Price: | 599,000 |
Categories: | |
Reason For Sale: | Career change |
Posting Date: | 03/13/2017 |
Gross Sales: | 1,300,000 |
Cash Flow: | 270000 |
Facility: | The restaurant, bar, and cafe occupy 6,400 square feet of prime space inside the building. There is seating for 155 people in the dining room, bar, and café area with an additional 60 on the 1,500 square foot patio. |
Employees: | 40-85 |
Listing ID#: | 8051 MT |