Hot Listing

Thriving Multi-Location Bar & Restaurant Chain in Minnesota

Asking Price$8,500,000

Cash Flow
$2,262,761

EBITDA$2,015,545

Gross Revenue$12,467,864

Inventory$160,000
Included in asking price
FF&E$1,025,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Thriving Multi-Location Bar & Restaurant Chain in Minnesota


Asking Price$8,500,000

Cash Flow
$2,262,761

EBITDA$2,015,545

Gross Revenue$12,467,864

Inventory$160,000
Included in asking price
FF&E$1,025,000
Included in asking price
Real EstateNot Disclosed

Business Description
Since its launch in 2018, this premier bar and restaurant chain has quickly become one of Minnesota’s top dining and social destinations. Starting with two key locations, the business has expanded to four strategically placed venues across the Metro area, catering to a diverse and loyal customer base. Known for its exceptional food, meticulously crafted drinks, and welcoming atmosphere, this establishment has built a strong brand with a stellar reputation.
Established Presence: Successfully operating since 2018, with consistent year-over-year growth and profitable expansion.
Multi-Location Strength: Three thriving locations in prime areas, ensuring a broad and diverse customer base.
Strong Leadership: A seasoned and dedicated management team efficiently oversees daily operations, ensuring consistent quality and service across all locations.
High-Quality Offerings: Renowned for delivering exceptional dining experiences with a menu of high-quality food and expertly mixed beverages.
Commitment to Excellence: Ongoing staff training and development programs maintain the highest standards of customer service, ensuring a world-class guest experience.
About the Business
Years in Operation
7
Employees
200
Facilities & Assets
The business operates from four prime locations in and around the Metro area, each leased to maintain operational flexibility and reduce capital outlay. All essential equipment, fixtures, and furniture are included in the sale, valued at $1,025,000. Each location is meticulously maintained and fully equipped to continue delivering the high standards that customers expect, allowing the new owner to focus on expansion and maintaining the brand’s esteemed reputation.
Website
https://meritus.group/premier-multi-location-restaurant-and-bar-in-minnesota/
Market Outlook / Competition
While competition exists, few establishments can rival the level of service, quality, and overall experience offered by this brand. Its strong reputation and loyal customer base give it a distinct advantage in the market.
Opportunities for Growth
This business has demonstrated strong scalability, growing from two locations in 2018 to four today. With its established brand and operational framework, there are ample opportunities to further expand locations and increase market share, capitalizing on the brand's success.
About the Sale
Seller Motivation
The owners are moving on to pursue new ventures, presenting a unique opportunity
Transition Support
The sellers are committed to ensuring a smooth and successful transition for the new owner. Comprehensive training and support will be provided to facilitate a seamless handover of operations.
Listing Info
ID
2250494
Listing Views
3176

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Business Listed by: Trevor Thielke Meritus Group

Listing ID: 2250494 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.