Business To Buy

Bar/Restaurant/Banquet Facility next to Hotel

St Cloud, Minnesota
This is a well established restaurant with numerous seminars, meetings, banquets and weddings booked for the upcoming year. Additional income from catering services. Major highway location connected by an enclosed walkway to Best Western. Easy access, high visibiltiy and plenty of parking. Recipient of the Golden Fork Award in 2010! Established in 1971, the long time owner wishes to retire. Large banquet style kitchen. Meeting rooms can accommodate 10-250 people. One of the few banquet facilities in the area. Tremendous up side potential for ambitious owner/operator. Find more details at www.cbcorion.com.

Financials

Price: $695,000
Gross Income: $0
Cash Flow: $0
FFE: $100,000
Inventory: $0
Real Estate Value: $531,000

About the Business

Office Reference ID: #2835
Year Established: 1971
Financing:
Training:
Facilities: 13088 Sq Ft masonry building on 1.43 acres with parking for 110 vehicles. Lounge area seats 90, dining room & meeting rooms can accommodate up to 250.
Competition:
Growth:
Business Listed By
Name: Mike Schmitt
Company: Coldwell Banker Commercial Orion
Phone: 320-251-1177

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