Must sell! Restaurant with Building

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Plate of Margherite Biscuit with Espresso

TYPE OF BUSINESS: Well-known Restaurant and Bakery established 31 years ago, located in the Twin Cities area. This business is known for its great service, extensive breakfast and lunch menu, and their homemade pastries and pies. The present owner has owned this business for past 13 years and has developed a loyal customer base.

FACILITY: This business operates in a 4,200 sq. ft. free standing building, built in 1977 located on a .79-acre lot with ample parking and easy access.

EMPLOYEES: Owner works full-time with well trained staff in place to cover her when absent. 5 full-time and up to 15 part-time employees.

GROSS SALES / Cash flow: The gross sales for 2017 were $1,082,171, cash flow in 2017 was approximately $125,400. 2016 sales were $1,147,362, cash flow in 2016 was approximately $137,300.

Additional Comments: You have a choice to keep it as a franchise or drop the franchise and add your own twist. FYI, seller paid $41,540 in franchise and marketing fees last year (this is not in the cash flow). There will be a transfer fee and training expenses as well if you choose to keep it as a franchise.
Owner will work with the new buyer to insure a smooth transition.

ASKING PRICE: The asking price for the business and building is $800,000. The breakdown is $20,000 for the business, this includes inventory of approximately $4,500 and furniture, fixtures and equipment at approximately $75,000. $780,000 for the building and property. .

The land and building are for sale, .79 acres with a 4,200 sq. ft. building. The asking price is $780,000.

REASON FOR SALE: Retirement.

SOLD! Popular Neighborhood Bar & Grill, established in 1977

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TYPE OF BUSINESS: Popular Neighborhood Bar & Grill, established in 1977 with current owner since 1999. Located 2 hours northwest of the Twin Cities. Patrons enjoy an extensive and affordable menu featuring a full bar, assorted appetizers, salads, chicken, burgers, sandwiches and handmade pizzas. This bar doesn’t fall short when it comes to entertainment, giving everyone a reason to visit with occasional theme nights, dancing to DJ’s and live music.
The bar hours are 11:00 a.m. to 1:00 a.m. Monday -Saturday. The bar has Sunday liquor but owner chooses to not to open on Sundays.

FACILITY:
This business operates in a 1,600 sq. ft. building seating for 86 ppl. It has ample street parking with easy access. Building has an apartment upstairs where the manager stays free as part of her pay. The upstairs apartment is about 1000 square feet.

EMPLOYEES:
Owner works full-time with a well-trained manager to cover him when absent. There is one part-time employee as well.

GROSS SALES/ CASH FLOW:
The gross sales for 2017 were $392,600, cash flow including owner benefits in 2017 was approximately $67,800. 2016 sales were $389,300.

ASKING PRICE: The asking price for the business is $150,000, this includes furniture, fixtures and equipment at approximately $17,000. Does not include inventory of $6,000. The building is available for sale for $65,000.

REASON FOR SALE: Other opportunities.

 

Franchise Opportunity: The Great Greek Mediterranean Grill

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We currently represent industry leaders in their respective industries. They are franchises with tremendous support and training for their franchisees with concepts that are proven in the marketplace and where franchisees are thriving.
This carefully chosen franchise opportunity is:

The Great Greek Mediterranean Grill franchise.
• Serves authentic third generation Greek family recipes.
• High quality ingredients with sauces, soups, dressings, marinades and desserts made from scratch daily. This leads to a passionately loyal customer base.
• We never use processed produce or meat. We chop, slice and trim it ourselves each and every day.
• The service matches the food. Each team member provides outstanding hospitality, so each customer feels special.
• 5 Week Training Program included in the Franchise Fee!

OVERVIEW:
• Total Investment – $500,000 – $650,000 (includes Franchise Fee) w/Financing Available.
• Franchise Fee – $39,500.
• Royalty Fee – 6% of Gross Revenues.

To find out more-with no cost or obligation- call Bill Kraemer at 612-331-8392 or email bill.kraemer@oibmn.com. Listing ID# 1006 b.k.

 

SOLD! Subway Franchsie, Mpls. area. $65,000 or Best Offer!

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Subway specializes in sandwiches “built” to each customer’s request. They are known for fresh baked breads, wide variety of meats, cheeses and vegetables. The menu includes breakfast, sandwiches, fresh fit choices, salads, fresh fit for kids, sides, drinks and extras. Subway also offers catering with piled-high sandwich platters, giant subs and assorted desserts.
Today, the SUBWAY brand is the world’s largest submarine sandwich chain with more than 44,000 locations around the world.
These two locations are all located in the Mpls. area. They are turn-key locations, with all the equipment and inventory needed in place to ensure a smooth transition. Hours of operation is 9:00 a.m. to 10:00 p.m.
Owner purchased both locations 11 months ago and is very motivated to sell due to health. Seller willing to look at all reasonable offers.
FACILITY:
Location: #1 Mall, 1,600sq. ft. Monthly rent is approx. $3,800, includes CAM and property tax.
Location #2 Mall, 1,457sq. ft. Monthly rent is approx. $4,700, includes CAM and property tax.

EMPLOYEES:
Location #1 1 Full-time manager and 6 Part-time
Location #2 1 Full-time manager and 6 Part-time

GROSS SALES:
Location #1 2017 Sales were approx. $356,697, Gross Sales for 2016 were approx. $402,835.
Location #2 2017 Sales were approx. $404,529, Gross Sales for 2016 were approx. $418,457

ASKING PRICE:
Location #1 Asking $65,000 or best offer for this location, this includes approx. $25,000 in equipment and approx. $4,000 in inventory.
Location #2 Asking $65,000 or best offer for this location, this includes approx. $25,000 in equipment and approx. $4,000 in inventory.

*Seller willing to finance a portion of the sale to a “qualified” buyer. (It will depend on offer).
REASON FOR SALE: Health.
NOTE:
The Buyer is responsible for an approx. $5,000 Franchisor’s Transfer Fee (per location) and 2 weeks of Franchise School in Connecticut.
Franchisees pay 8% in royalties and 4.5% in franchise marketing fees (subject to change). Buyer must be approved as a franchisee by corporate and training will be mandatory.

To find out more-with no cost or obligation- call Bill Kraemer at 612-331-8392 or email bill.kraemer@oibmn.com.

SOLD!! Very Popular Cafe located in the Twin City area

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Plate of Margherite Biscuit with Espresso

Plate of Margherite Biscuit with Espresso

TYPE OF BUSINESS: Very Popular Cafe located in the Twin City area, serving breakfast, lunch and dinner six days a week, breakfast only on Sunday. They’re known for their homemade pastries, breads, desserts, soups and stone baked pizzas. The business was established over 20 years ago.  The current owner has developed a loyal customer base. Owner works all aspects of the business but spends most of his time in the Kitchen. Because of management and staff in place he can leave for weeks at a time. Hours: Monday – Saturday 7:00a.m. to 9:00p.m.; Sunday 8:00a.m. to 2:00p.m. They have a beer and wine license and have started a catering service in the area that has taken off. The potential to grow this business is tremendous. A new owner could extend business hours on Sunday and expand the catering to more than just lunches.

 

FACILITY: This business currently operates out of a 3,200 square feet and is able to seat approximately 65 customers. The feel of the cafe’s decor is very warm. Monthly rent is $2,100.00. The owner indicates that landlord will work with the new owner on a lease.

 

EMPLOYEES:  Owner Operator with 2 full-time and 20 part-time employees.

 

EQUIPMENT: Included in price:  Furniture, Fixtures and Equipment valued at approximately $50,000.  Inventory approximately $7,500.

 

GROSS SALES: Gross sales for 2015 were $646,019. Gross sales for 2014 were $641,290. Cash Flow in 2015 to an owner operator was approximately $61,000.

 

 

ASKING PRICE: The owner is asking $160,000. This is a turn key operation and a perfect opportunity for someone who wants an established business with great growth potential.

 

REASON FOR SALE:  Retirement.

 

SOLD! C-store located in an extremely busy mall.

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OIB Vector Logo

TYPE OF BUSINESS:  This is a c-store located in an extremely busy mall in the Twin Cities.  It has an outstanding location in the mall.  Business has been established since 1992, with the current owner since 2000.  The store sells convenience goods, daily essentials and refueling coffee, snacks and beverages.  The store hours are 8:30-9:30, Monday-Saturday and 9:30-7:30, Sunday.  The owner works the business from 7:30 to 3:30 5 days a week, taking Saturdays and Tuesdays off.  There is tremendous potential to grow this business.

FACILITIES:  The business occupies 500 square feet.  Annual rent is about $115,000.00.  A qualified Buyer can obtain a long-term lease.

EMPLOYEES:  The business operates with 3 regular, part time employees (they have been with business for 15, 8 and 1 years).  Owner states that they are good and very reliable.  They are basically paid minimum wage.  They each work 25-30 each week.  They have another employee available if needed.

GROSS SALES/CASH FLOW:  Gross sales for 2014 were $601,005; 2013 were $553,818 and 2012 were $567,799.  Cash flow to an owner operate is about $95,000.00 annually.

ASKING PRICE:  The asking Price is $250,000, includes $22,000.00 of inventory at cost, plus furniture, fixtures and equipment valued at $100-$150,000.00.  Note:  It is anticipated that the landlord will require the new owner to do some remodeling of the space within 1 year of ownership.  Estimated costs are $60-$80,000.00.

REASON FOR SALE:  Retirement.

SOLD! Historical Dave’s Popcorn and Carmelcorn Stand.

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Front of Building

TYPE OF BUSINESS: Historical Dave’s Popcorn and Carmelcorn. Established over 60 years ago in Minneapolis. Famous for their popcorn selection, flavors are plain, carmel, cheese, herb, triple mix and chocolate. They also serve ice cream and ice cream drinks, shaved ice, hot dogs, nachos and assorted beverages. Owners work full-time jobs – their two children work the business. Because of the owner’s limited availability to work, the hours of operation are very minimal. Hours (currently): Closed Monday & Tuesday; open Wednesday and Thursday 3:00p.m. to 8:00p.m.; Friday and Saturday 12:00p.m. to 8:00p.m and Sunday 12:00p.m. to 6:00p.m.  The potential to grow this business is tremendous. A new owner could be open more days (and months) and more hours.  Owners have been approached to set up at farmers markets, corporate events, graduations, weddings, etc. New owner could offer other food-related items with very little expense. This is easy-to-operate, lucrative operation.

 

FACILITY: This business currently operates out of a 280 square feet building. This is a highly sought after location with huge walking traffic right in front of the business.

 

EMPLOYEES:  2 part-time employees – owner’s children.

 

EQUIPMENT: Furniture, Fixtures and Equipment valued at approximately $9,000.

 

GROSS SALES: N/A

 

ASKING PRICE: The owner is asking $95,000. This includes the building and property estimated value is $70,000, equipment valued approximately $9,000 and inventory approximately $1,500. This is a turn key operation and a perfect opportunity for someone who wants to start their own business or someone that is retired and is looking to earn some extra income.

 

REASON FOR SALE:  Too busy with full-time job.

 

SOLD! TWO Established Off Sale Liquor Stores.

liquor

Type of BusinessTWO Established Off Sale Liquor Stores, located in the Southern/Western suburbs of St. Paul.  Both stores are very attractive and organized. The liquor stores were established in 1995 by the current owner. Both locations are in a great area and they have plenty of room to increase inventory and sales.

 

Facility:   The Businesses are located on a busy road; the parking is ample and the access is easy.  The liquor stores occupy approximately 6,165 square feet and current rent is $9,288 a month, and the other location is 7,054 square feet with current rent of $11,472 a month.

 

Employees:  There are 2 full time employees; both are managers in each location. In addition there are 12 part-time employees. The owner feels that store sales would increase with an owner operator. The owner does not work the business.

 

Gross Sales:   The Seller reports that sales for year ending 2014 were $3,658,444 and sales for 2013, sales were $3,674,029. Cash flow to an owner operator is about $300,000.

 

Asking Price:  The owner is asking $1,100,000 for both locations plus inventory (at his cost). The value of the furniture/fixtures and equipment are valued at about $200,000.

 

Reason For Sale:  Retirement.

Featured: SOLD! Seller Financing – Well Established Pizza Delivery Business.

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Pizza

TYPE OF BUSINESS:  Seller Financing! Well Established Pizza Delivery Business. This business is known for its excellent homemade pizzas, pastas, calzones, and hot hoagies. Located North East of metro. Hours are Monday through Thursday, 4:00 p.m. – 10:00p.m. Friday and Saturday 1400 9.m. – 11:00 p.m. and Sunday 4:00 p.m. – 9:00p.m. This business has a long history within this industry and has built a loyal customer base. The store is set up right for maximum product exposure and is very customer friendly. Business offers “eat in” for up to 10 people, take out, or delivery. It is located on a very busy street in a unit of a beautiful strip mall. This is a turn key operation!

 

FACILITY:  This business operates in 800 sq. ft. space with ample parking and easy access. The current rent is $1,282 per month, CAM is included.

 

EMPLOYEES:  Owner works full-time and has 6 part-time employees.

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GROSS SALES:  The gross sales for 2013 were $180,948. 2012 sales were $187,086, 2011 sales were $183,337.

 

Additional Comments:  Landlord is willing to work with a new owner. Seller is willing to train new owner at no cost.

 

ASKING PRICE: The asking price is $50,000. $25,000 down, seller willing to finance the balance of $25,000 to a qualified Buyer. This includes inventory of approximately $1,100.00 and $32,000 of furniture, fixtures and equipment.

 

REASON FOR SALE: Other business interest.

 

Important Notice:  The above information has been provided by the Seller.  Neither The 20/20 Group, Inc. (dba Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness.   7775  b.k.

 

 

SOLD!! Featured: Well-known Ice Cream Parlor located in a high traffic shopping center for over 36 years.

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TYPE OF BUSINESS:  Well-known Ice Cream Parlor located in a high traffic shopping center for over 36 years. Serving Ice Cream, Ice Cream Drinks and Sodas. This is an easy-to-operate, lucrative operation.

Hours: Monday – Saturday 10:00a.m. to 9:00p.m., Sunday 11:00a.m. to 6:00p.m. The potential to grow this business is tremendous. A new owner could offer other food-related items with very little expense.

 

FACILITY: This business currently operates out of a 573 square feet with seating available in the common area and is maintained by the mall. This is a highly sought after location with huge walking traffic right in front of the business. The feel of the parlor’s decor is very warm due to the lighting and new signage. There is 1 year left on lease with an option to extend. The owner indicates that extending or obtaining a new lease will not be a problem.

 

EMPLOYEES:  Owner works part-time only with 3 part-time employees.

 

EQUIPMENT: Included in price:  Furniture, Fixtures and Equipment valued at approximately $18,000.  Inventory approximately $2,000.

 

GROSS SALES: Gross sales for 2013 were $162,000. Gross sales for 2012 were $164,000. 2013 Cash Flow was approximately $43,000 ++

 

 

ASKING PRICE: The owner is asking $69,000, OBO. This is a turnkey operation and a perfect opportunity for someone who wants to start their own business. Seller is very motivated will review all reasonable offers.

 

REASON FOR SALE:  Relocating.