BJs Bar and Grill in Southeast MN

Asking Price$450,000

Cash Flow
$138,509
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$742,730

Inventory$14,000
Included in asking price
FF&E$84,000
Included in asking price
Real Estate$450,000
Included in asking price
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BJs Bar and Grill in Southeast MN


Asking Price$450,000

Cash Flow
$138,509
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$742,730

Inventory$14,000
Included in asking price
FF&E$84,000
Included in asking price
Real Estate$450,000
Included in asking price

Seller Financing Available
Business Description
BJs Bar and Grill in beautiful Theilman, MN is available for sale. This business is turn key with all assets need to run the operation included in the asking price. Set on just under 2 acres of land, this 14,000 sqft facility contains a bar, restaurant, and social hall that can handle up to 600 guests at a time.
Located in the picturesque bluffs of Southeast Minnesota this business offers a place to get food and drink for the campground next door, locals from all over the surrounding area, and snowmobilers as they ride the trail that passes right next to the facility. In addition, wedding parties and local non-profits utilized the 10,000 sq ft banquet hall throughout the year.
With thirteen dedicated and skilled part-time staff and enough equipment to feed 600 people at a time, this business is set up for success for the next owner.
Capitalize on this opportunity to own a highly coveted piece of real estate and turn-key business today!
About the Business
Years in Operation
57
Number of Employees
13
Facilities & Assets
The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'.
In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door.
Market Outlook / Competition
This business experiences a normal amount of competition in the bar, restaurant, and banquet hall spaces it serves.
Opportunities for Growth
There are many avenues for growth in this business including: 1) adding an outdoor patio, 2) adding outdoor music, 3) opening up more days of the week, 4) marketing more for the banquet hall space and doing more big events, 5) changing up the food and drink specials.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
14,000
About the Sale
Seller Motivation
Owner wishes to retire from restaurant ownership.
Transition Support
Will train for 2 weeks @ $0 cost.
Financing Options
$405K down/$45K over 60 mos. @ 8%.
Listing Info
ID
2374991
Listing Views
414

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Business Listed by: Jacob Petersen Murphy Business & Financial Corporation

Listing ID: 2374991 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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