Historic Bar near U of M

ASKING PRICE: $150K
GROSS SALES: $1.6 Million
RENT: $11,090.00 GROSS
LEASE: 2 years
TERMS: Cash or terms acceptable to Seller
TYPE OF BUSINESS: Restaurant & bar
SEATING: 180 plus patio seating 60
SIZE: 6,500 square feet approximately
PARKING: Ample
YEARS ESTABLISHED: Current owner 18 years
REASON FOR SELLING: Other interests
ADDITIONAL COMMENTS: Cocktails and dining. University of Minnesota owns the building. Some day it will be redeveloped.
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 or Peter Benincasa (952)201-5363
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
DJ
Sikka 952-929-9273
Property ID: DJ,OD,SB
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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