~Very Profitable Fine Dining Bistro
Report Date: 2/12/2008 BizBuySell Add #: 492166
Location: Near Northfiled
Primary Category: restaurant

Financial Information

Asking: $ 210,000 Gross: $ 382,000 Cash Flow: $ 120,000
Furniture, Fixtures & Equipment: $ 50,000
Inventory: $ 5,000 - 8,000 (not included in sale price)
Lease: $ 970/mo gross
Financing: New Financing, make offer
 
Summary Description:

Just reduced $40K on this highly profitable bistro, full liquor, catering, awesome lease option to double size of restaurant.  Business draws from the South Mpls/St Paul area to Rochester. This is truly a hidden gem, quaint atmosphere. Very solid business and clientele. Situated next to Northfield, MN with 2 private colleges, This restaurant is the place to go. Menu changes every three weeks. Fabulous food.

 
General Information:
Facilities: 1,200 sq ft
Competition:

Restaurant has option to double size in current location.  Also, may expand already vibrant catering business.

Growth & Expansion:

Very solid community with good mix of manufacturing/education/agricultural business. Only fine dining establishment in town and immediate area.

Support / Training: Restaurant has full management staff in place.  Owner could proved 2 weeks of training/consultation.
Reason Selling: Owner is relocating
Year Established: 2002
Employees: 11PT
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
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