Description of the business for sale
Long established premier supper club, entertainment, and banquet center, formally The Chalet . Located on College Drive in Marshall, MN This establishment is located across the street from University of Minnesota Marshall Campus. Facility features 2 separate bar areas, 3 separate dining rooms and a full kitchen. Additionally there is 2,352 sq of storage in the basement.
GROWTH: Although presently closed, former owners had revenues of over $850K.
COMPETITION: Marshall is the business and cultural hub for Southwest Minnesota with a population of over 12,000 and growing.
ADDITIONAL FINANCIAL INFORMATION:
• Financing: Possible terms, make offer.
• FF&E: $150,000.
• Real Estate: $355,200.
REASONS FOR SELLING: Divest of property.
Support / Training provided by seller
None, Currently closed
Description of the facilities
7,466 sq ft