Oriental Rest. Full Liq. Dwntwn. Mpls

ASKING PRICE: $60K
GROSS SALES: $516K (projected increase 2020)
RENT: $6,500 + Taxes ($32K / year)
LEASE: 5 years with five year option
TERMS: Cash or terms acceptable to Seller
TYPE OF BUSINESS: Restaurant
SIZE: 4,434 square feet approximately
SEATING CAPACITY: 163
EQUIPMENT: List available
PARKING: Four behind restaurant and street parking
YEARS ESTABLISHED: Current owner 20 years
REASON FOR SELLING: Retiring
ADDITIONAL COMMENTS: New apartments presently being completed will end 2019 construction. Delivery 33% of sales currently with increase potemtial in 2020.
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
DJ
Sikka 952-929-9273
Property ID: DJ
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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