Business Description
This very popular restaurant is located in the heart of Minneapolis and serves loyal local residents along with downtown workers in Minneapolis either for sit down, easy pickup, or delivery. (Covid did not effect this business and is doing great!)Hours are only weekdays from 7:00am to 3:00! They offer signature sandwiches, various pastas, salads along with options for breakfast. Very easy menu to learn!
Owner have recently invested significant amount of monies in remodeling. The property is owned by the business owner and can be purchased.
Business Details
ASKING PRICE: The asking price is $150,000 which includes approximately $50,000 in equipment. Price does not include inventory of approximately $5,000 which fluctuates throughout the year. Real Estate is available for $295,000; however the Seller may be open to leasing.
REASON FOR SALE: Retirement
GROSS SALES: Sales were around $300,000 in 2022.
CASH FLOW: Cashflow to an owner operator is about $114,000/year (owning the property.)
FACILITY: There are two properties –and two establishments included; one occupying 810 square feet and the second (adjacent) property is 976 square feet. Owners invested over $50k in remodeling recently.
EMPLOYEES: Staffed by the owner and part time employees.
