Hiawatha-Nokomis Area Freestanding Restaurant $450,000
- Asking Price: $450,000
- Gross Income: $1,285,244
- Cash Flow: Not Disclosed
- Real Estate: Not Disclosed
- Inventory: Not Disclosed
- FF&E: $150,000
- Listing ID: #215562
- Established: 1970
- Employees: 1
FOR SALE IS A FREESTANDING RESTAURANT BUILDING WITH FULL KITCHEN LOCATED IN DEMAND LAKE HIAWATHA/NOKOMIS NEIGHBORHOOD.
• C-Store operating at breakeven with $1M sales is included in $450,000 price at no additional cost!
• Buyer that understands the C-Store business can operate the C-Store to show a profit.
• Deli Tenant generates rental income of $3,000 per month, tenant is on a month to month lease.
• Fully Equipped Commercial Kitchen - The new owner can generate food revenue or rental income.
• Area is served by the Hiawatha Light Rail and is being redeveloped.
• New owner may convert entire C-Store building into a full, sit-down restaurant operation.
Primary Business Category:
Retail Trade - Supermarkets
Number of Employees:
Seller Financing Available:
Reason for selling: