Deli, Catering Downtown Mpls.

ASKING PRICE:  $395K

GROSS SALES: $880K

RENT:  5% plus CAM

LEASE: 2029-plus 5 year option

TERMS:  Cash or terms acceptable to Seller       

TYPE OF BUSINESS: Authentic New York Deli

SIZE: 1638 square feet approximately      

SEATING CAPACITY:  48                           

Location:  Skyway Access from Chipotle

*EXCLUSIVE SITE FOR SANDWICHES & DELI FOR ENTIRE BUILDING!         

YEARS ESTABLISHED: Current owner since 2000

REASON FOR SELLING: Retiring             

ADDITIONAL COMMENTS:  “Gateway District. Excellent location. “has been serving satisfied customers for more than 70 years. Original owners opened their Café in 1935. In 1959, the sons Leonard and Sam moved Café… and renamed it. Leonard and Sam soon made the chain successful, at one time including 16 restaurants around Minnesota and North Dakota. Declining health finally forced them to sell … in 1983. In 1993, Leonard’s son reopened … in downtown Minneapolis. We moved to our present location … in November 2000, and it has been our privilege to serve you there ever since.”

This is a Confidential Listing.  Do not discuss this property with employees or owner.  For more information or an appointment call:  D.J. SIKKA Cell (612)701-6296  (952) 929-9273

NOTICE:  Information provided by Seller.  Neither Restaurant Brokers of MN nor its Agents Guaranty its Accuracy or Comprehensiveness.

NOTE: Pictures, photos and images used on this webpage are not exact representations of this property! They have been chosen for content and color rather than as exact images of this property.

RBOMN

Restaurant Brokers of Minnesota, Inc.

Brokerage | Project Management | Property Management

Restaurant Brokers of Minnesota, Inc.

6010 Hwy. 7 | St. Louis Park | MN 55416

(952) 929-9273 T | (952) 922-1514 F

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