Description of the business for sale
Deal of the Century! Restaurant/Ballroom/Jazz Club: take 1, 2 or all 3! ONE Year old restaurant (montessteakhouse.com) situated in a150 year old beautifully renovated masonry building. It's located in downtown Faribault Minnesota; population 30,000. The surrounding communities within 20 minutes are populated with another 70,000 residents. Community highlights include a newly reconstructed downtown streetscape, new lighting and additional on street parking. Beautifully appointed restaurant in historic district of fast growing Faribault, MN. Main floor comfortably seats 200 guests with the lower level Jazz Club seats 125. The Paradise Center for the Arts is a recently renovated attraction in downtown Faribault; sitting up on the hill from the restaurant is the nationally recognized prep school Shattuck-St. Mary's. The restaurant grossed 1.2m in sales the first year of operations and occupied 3 of the 4 floors of the building. Space requirements can be negotiated to occupying the main floor only, the main floor and the wine cellar and/or the 200 head count ballroom on the second floor. The main floor restaurant is designed to have an open kitchen and a charcoal burning grill as a focal point upon entering. The restaurant has experienced 800 guests visiting on a Friday a
Support / Training provided by seller
Current owner is willing to train and consult new owner for 4 weeks.
Description of the facilities
Building Size: 1st floor, 4,165 sq ft $5,553.33/mo includes CAM
2nd floor, 2,504 sq ft $3,338.66/mo includes CAM
Lower Level, 1,882 sq ft, $2509.33/mo includes CAM
3rd floor could be used as residence