Established Restaurant For Sale

Asking Price$149,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$420,897

InventoryNot Disclosed

FF&ENot Disclosed

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Established Restaurant For Sale


Asking Price$149,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$420,897

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Established long time restaurant location on Main Street in downtown Anoka. Huge visibility and daytime foot traffic. One block from the Anoka County offices. Very active downtown chamber with multiple sidewalk events including River Days, Anoka Halloween festival, car shows- and more. See attached flyer. Will need confidentiality agreement for financial disclosures.

Established, experienced business owner has this set up for an easy walk-in and take over. All equipment, FF&E are included in the sale, even the piano player!!!!
About the Business
Years in Operation
3
Number of Employees
4
Franchise
This business is an established franchise
Facilities & Assets
This business has a full time hands on owner

All FF&E are included in the sale which includes all the kitchen equipment, refrigerators, coolers, freezers tables chairs etc.

This is a leased property, the Landlord is very amenable to a new reasonable Lease for a new owner
Website
https://premiercommercialproperties.com/
Market Outlook / Competition
Only Italian restaurant in Anoka and surrounding area.

Downtown Anoka has a high daytime population, with very active chamber. Just a block from the Anoka County offices.

Busy for lunch and for dinner, open 7 days a week
Opportunities for Growth
Great growth opportunity with active City Chamber and business to business activity. Local businesses meet monthly to plan events and share business idea's. City of Anoka has been very flexible, allowing expanded outside seating for local restaurants and additional hours of operation. Anoka County offices are only a block away and federal cartridge headquarters are within 1 mile
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
About the Sale
Seller Motivation
Current owner is managing multiple sites and wants to take more time for himself
Transition Support
Seller is willing to provide consulting and training to a Buyer
Financing Options
Will consider a contract for deed
Listing Info
ID
2244610
Listing Views
4649
Attached DocumentsAttachment Disclaimer

222_East_Main_Anoka_Sale_flyer.pdf

Business Location

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Business Listed by: Marty Fisher/ Mike Fisher

Listing ID: 2244610 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.