Restaurant/Sports Bar
Report Date: 6/18/2008 Office Id# 393065
Location: Oakdale
Primary Category: Restaurant ~ Sports Bar
 

Financial Information
Asking: $2,700,000 Gross: $ 1,700,000 Cash Flow: $ Not disclosed
Furniture, Fixtures & Equipment: $ 500,000
Inventory: $  20,000 (not included in sale price)
Real Estate: $  2,700,000 (included in price)
Financing:  New Financing, make offer $500K down with possible assumable financing
 
Summary Description:

Location! Location! Location!  Prime area for your large scale restaurant operations. Top of the line construction and build out. Built in 1999 this was originally a Damon’s upscale restaurant. Replacement in today’s construction would be in the $4m range.
 
General Information:
Facilities: 9,200 sq ft
Competition:

Oakdale is across the freeway from Woodbury, MN with ½ the tax burden of the Woodbury market with all the benefits.
Growth & Expansion:

Woodbury and Oakdale is the premier growth and on the east side of the Mpls/St. Paul area. Also, proximity to western, Wisconsin adds value due to the many travelers that commute daily between MN and Wisconsin.
Support / Training: none
Reason Selling: Retirement
Year Established: 1998
Employees: 4FT/10PT
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077 OR 763-972-9080 Fax
Email: hospitalityserv@frontiernet.net  
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