Sold! Established Off Sale Liquor Store, located 2 hours northwest of Minneapolis.

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Type of Business: Established Off Sale Liquor Store, located 2 hours northwest of Minneapolis. The store is very attractive and nicely appointed located on a high traffic Hwy. There is no threat of a national liquor-chain moving in the area due to the two closest cites own “municipal” stores. The business was established 10 years ago by the current owner, who works the business. Limited competition.

Facility: The liquor store occupies approximately 8,000 square feet out of a 12,000 sq. ft. building. The building is for sale as well. Asking price for building and 5 acres of land is $550,000. There is a tenant that leases 4,000 sq. ft. in place. The lease payment is $2,500 plus property tax and utilities.

Employees: There is 1 full time employee with the owner.

Gross Sales: Sales in 2018 was $1,190,083, sales in 2017 were
$1,228,619. Sales in 2019 through May are $390,692 Cash Flow for 2018 was approx. $139,700 plus additional income from leased space of $35,700 to an owner operator, if the building is owned.

Asking Price: Business: $370,000, this includes $47,000 in F,F&E. $200,000 in inventory is not included.
Building and Property: $550,000.

Reason For Sale: Other interests.

 

Featured Listing: Investment Property located in Stillwater MN.

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Description: This charming 10,000 + sq. ft. building is located on the high demand south side of town, east side of main street, downtown Stillwater. With 5,200 sq. ft. ground floor and 3 retail spaces, second-floor area of +/- 4,900 sq. ft. The ground floor has a 12’ ceiling height with a tin ceiling, plaster walls and hardwood floor; the basement is 4,000 sq. ft. and is used for storage. The basement is dry, with no signs of water problems. Clear height is about 5’ 8”. The second floor has three unique apartments used as Air B&Bs. All three units are one-bedroom, living/dining room, Kitchen, full bath and laundry/storage. The roof has a deck at the back of the building with expansive views of the river and bluffs.

Exterior Features: The building is mill construction with brick walls and wood posts and beams. The brick walls are exposed in the apartment units and plastered/brick in the retail units, the roof is a rubber bladder that is flat with a pitch. The roof is 5 years old and appears to be in great condition.

Interior Features: This property has all three retail spaces leased with all three apartments being rented out a couple times a week as Air B&B. Building has a combination of wood, tile and carpeted. The walls are a combination of brick, drywall and plaster. Ceilings are painted drywall, tin and open. The building uses forced air for heat and cooling.

Age / Condition: Built in 1858. The interior and exterior are in good condition.

ASKING PRICE: The owner is asking $2,100,000 for the building. The three apartments generate approx. a gross income of $125,000 annually, and the three retail spaces generate approx. $58,800 annually.

REASON FOR SALE: Other Interest

SOLD! Featured Listing: Beautiful Floral and Gift Shop located in Mankato.

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Beautiful Floral and Gift Shop, established over 100 years ago. Current owner has owned the business for over 44 years. They sell fresh flowers, custom floral arrangements, plants, gift items, unique furniture pieces, cards, balloons etc. The business enjoys a great reputation and it provides its customers with a quality product that is competitively priced. They have a great on-line present and serve a tremendous number of weddings, funerals, special events, corporate events and walk-ins. The hours are Monday through Friday 8 – 6, Saturday 8 – 5:30. Sunday 10 – 3. Business is located in Mankato..

FACILITY: The business occupies 8,200 sq. ft. space. The building is for sale and the floral business will have to be moved (once the building has sold). The building and property are available for purchase for $1,295,000.

EMPLOYEES: The business operates with owner working 40 hours a week, 4 full-time and 8 part-time employees. Very friendly and experienced staff in place. Owner’s duties are staffing, ordering, floral design, sales and marketing.

SALES/CASH FLOW: Gross sales for year ending 2018 were $820,500, 2017 were $833,500, 2016 were $825,900. Cash flow in 2018 was approx. $124,600 to an owner operator.

 

ASKING PRICE: The owner is asking $140,000 for the business. The price includes furniture, fixtures, equipment and 2 delivery vans which are valued at approx. $75,000. The inventory is approx. $25,000 and is not included in the asking price.

 

Franchise: Speedway Gas Station

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TYPE OF BUSINESS: Seller very motivated due to health. Speedway Gas station franchise – located in a southern TC suburb. Established for 26+ years with the current owner owning it since 2013. This is a very nice gas/convenience store, located in a fast-growing community with a strong customer base. Business sells gas, grocery items, beverages, snacks, cigarettes, and other tobacco products, lottery and has an ATM. The business installed a new carwash just over a year ago and the sales and profits have more than doubled. The hours of operation are Monday through Friday 5:30 am to 11:00 pm, Saturday and Sunday 6:00 am to 11:00 pm. Owner works 20 – 25 hours per week.

EMPLOYEES: There are 4 full time and 4-part time. The owner is the part-time manager who runs the operation, along with the full-time clerks. The part time employees are paid $10.00 – $ 12.00 per hour.

FACILITY: Store is 4042 sq. ft. located on a 1.24-acre lot.

GROSS SALES/CASH FLOW: Gross sales for 2018 were $3,663,448, for 2017 were $3,417,213, for 2016 sales were $3,432,275. Cash flow to the owner operator, based on 2018 numbers was approx. $206,505, 2017 numbers was approx..$188,500. The sales will fluctuate year to year due to gas prices.

ASKING PRICE: The asking price for the business, franchise rights, land and building is $1,100,000. A 2013 appraisal valued the land and building at $1,100,000. The value of the furniture, fixtures and equipment is approximately $150,000 (included in asking price), and the value of the inventory (gas and other inventory) is approx. $70,000 (not included in asking price). The new Car Wash Lease is not included. The monthly payment is $2,300.00 per month with 4 years left on lease to own. Purchaser will need to be approved by Speedway (franchisor).

REASON FOR SALE: Health.

Authorized Service Center for electric tools and portable air.

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TYPE OF BUSINESS: Authorized Service Center for electric tools and portable air. This company is a third-generation family owned business and has been serving the metro area for over 40 years. The company offers repair / rebuild services for all types and models of power tools for over 20 different manufactures. Some of the assets include Skidmore-Wihelm torsion tester for impacts, hydraulic press, metal turning lathe, air compressor etc.

The market is short of existing service companies here in Minnesota that can satisfy the ever-increasing demand for services. There are plenty of opportunities to expand the services to selling new tools, bits, fasteners and repairing small gas motors for generators, lawn and garden equipment etc.

EMPLOYEES: Owner works 40 hours per week oversees sales and services tools with 2 full-time employees.

FACILITY: Building is 2,700 sq. ft. with a ceiling height of 13’4” and 220v power. Parking lot is 4,836 sq. ft. Building is available for sale as well.

GROSS SALES: 2017- $214,333, 2016-$259,919.

SALES PRICE: The seller is asking $70,000 for the business (client list, goodwill, trade name, and other intangible assets) which includes equipment approx. value $58,000 and Inventory is approx. $12,000. Asking price for the Building and Property $325,000.

REASON FOR SALE: Retirement.

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: Venture X, simply provide the modern work space.

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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:

Venture X franchisees simply provide the modern work space and members buy private memberships, giving them access to open areas or private offices, whichever they prefer.
By 2020, The Bureau of Labor Statistics estimates 65 million Americans will be freelancers, temps, independent contractors or entrepreneurs, making up a full 40% of the workforce. Venture X provides an attractive opportunity for those workers who want to benefit from a rich work community.

Overview:
• Total Investment – $800,000 – $1,200,000 (includes Franchise Fee) w/Financing available.
• $400,000 minimum cash required.
• Franchise Fee – $79,500.
• 4 Weeks of training included in Franchise Fee. Airfare, Hotel are included.
• Royalty – 6% 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# 1007 b.k.

Seller very motivated due to health. Super America Gas For Sale.

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TYPE OF BUSINESS: Seller very motivated due to health. Super America Gas station franchise – located in a southern TC suburb. Established for 26+ years with the current owner owning it since 2013. This is a very nice gas/convenience store, located in a fast-growing community with a strong customer base. Business sells gas, grocery items, beverages, snacks, cigarettes, and other tobacco products, lottery and has an ATM. The business installed a new carwash just over a year ago and the sales and profits have more than doubled. The hours of operation are Monday through Friday 5:30 am to 11:00 pm, Saturday and Sunday 6:00 am to 11:00 pm. Owner works 20 – 25 hours per week.

EMPLOYEES: There are 4 full time and 4-part time. The owner is the part-time manager who runs the operation, along with the full-time clerks. The part time employees are paid $10.00 – $ 12.00 per hour.

FACILITY: Store is 4042 sq. ft. located on a 1.24-acre lot.

GROSS SALES/CASH FLOW: Gross sales for 2017 were $3,417,213, for 2016 sales were $3,432,275 and for 2015 sales were $3,709,73. Cash flow to the owner operator, based on 2017 numbers was approximately $188,500. The sales will fluctuate year to year due to gas prices.

ASKING PRICE: The asking price for the business, franchise rights, land and building is $1,319,000. A 2013 appraisal valued the land and building at $1,330,000. The value of the furniture, fixtures and equipment is approximately $150,000 (included in asking price), and the value of the inventory (gas and other inventory) is approx. $80,000 (not included in asking price). The new Car Wash Lease is not included. The monthly payment is $2,300.00 per month with 4 years left on lease to own. Purchaser will need to be approved by S.A. (franchisor).

REASON FOR SALE: Health.

 

 

SOLD!! Premier Hunting Land / Private Retreat

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Premier Hunting Land / Private Retreat
This exclusive 50-acre property is a private retreat with a nice mix of revenue producing tillable land, fenced in pasture and a 2-acre pond that holds both ducks and geese. Enjoy the spectacular views and benefits of being near some of the best duck hunting lakes in the country, including Christina and Pelican! The house was strategically built on the highest point of the property to overlook the breathtaking views of the pond and deer hunting areas. The main deer blind is the kitchen patio!

Custom Built Rambler: This home, custom built in 2004, is a year-round modern home with an open-rustic feel. Vaulted ceilings, 6” walls, Andersen windows, thermostatic controlled gas fireplace, central a/c, knotty pine kitchen cabinets, private owner’s bedroom with an on suite bathroom, covered porch, low maintenance steel roof, oversized double garage and main floor laundry. The unfinished walk-out basement is ready to finish to your liking. Including bedrooms, den, storage area and bath. Appliances include-gas range/oven, dishwasher, microwave, washer/dryer and refrigerator.

Address: 15414 Wildlife Rd. N.W.
Evansville, MN. 56326
Property Type: Hunting/ Private Retreat
Total Bedrooms: 2
Total Bathrooms: 2
Total Sq. Ft. Finished: 1,800
Garage Type: Oversized 2 car, attached.
Basement: Unfinished walkout

Land: Beautiful landscaping, hundreds of trees have been planted by the DNR in just the past 10 years. The pond has room for two blinds and the property is located in the 213 deer hunting rifle zone. There is room for up to 5 deer stands: kitchen patio, fixed deer tower and 3 portable stands. The same stands can be used for wild turkey, geese, ducks and pheasant. Multiple public hunting land is only minutes away! Custom built bbq pit is oversized and designed to cook for all of your clients and guests.
Must see photos and aerial views to appreciate the potential.

Asking Price: $340,000

Contact: Bill Kraemer at 612-331-8392
E-mail: bill.kraemer@oibmn.com