businesses for sale


Family Restaurant for sale

Rochester Minnesota Family Restaurant

Location: Near Rochester, Minnesota

Category: Restaurants for sale

Asking price: $150,000.00

Description of the business for sale
Nette s Broadway Caf has been an established restaurant in Minnesota s beautiful southern river valley for over 40 years. Zumbro Falls is a small town where 2 major Highways intersect (Hwy 63 and Hwy 60). Nette has been serving great breakfasts and lunches 7 days a week to her many loyal customers, outdoorsman and travelers. Her equipment is in great condition and has 3 new coolers. Building is very sound. A nice piece of real estate in downtown Zumbro Falls

GROWTH: They presently only serve breakfast and lunch from 7am-2pm. Extending the hours and adding Dinner could add 35% to the revenue. Teen nights could be a nice touch for the community. Pizza delivery could be added to the menu, dine in, take out or delivery. Catering would add revenue to their already steady income.

COMPETITION: Near Rochester/Wabasha area and community is in the middle of farm country and home to many outdoor activities including Fly Fishing, hunting and biking. A perfect place to buy a successful business and raise a family or, to just settle down and enjoy a small town rural lifestyle!

ADDITIONAL FINANCIAL INFORMATION:
• Financing: New Financing.
• Inventory: $4,500.
• FF&E: $50,000.
• Real Estate: $100,000.

REASONS FOR SELLING: Retiring.

EMPLOYEES: Full-time / Part-time: 2 full-time / 12 part-time.

Support / Training provided by seller
30 days for new owners.

Description of the facilities
2,800 st ft on city lot

  • By phone: 763-972-9077
  • Ask for: Steve Swenson

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Business details

Hospitality Services Corp.
Delano, MN
Broker Co-op? yes

Listing Id: 85204
Reference Id:
Year established: 1968
Employees: 14

Asking Price: $150,000.00
Revenue: $175,000.00
Annual Net: Call/Email
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale