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Accommodation & Food Services

8th Street Grill

Minneapolis, MN, USA
Updated 7 hours ago

Business Overview Facilities Business Overview Established in 1992, this well-known and consistently profitable contemporary American grill offers a strong brand presence and loyal customer base in the heart of downtown Renowned for its diverse menu of casual favorites and expansive craft beer, the restaurant features 36 draft taps and an impressive walk-in beer cooler Features a fully equipped kitchen with a 15-foot hood system, dedicated catering area, and ample storage, supporting both high-volume service and private events Highly desirable 2:00 a.m. liquor license allows for late-night operations Located in RSM Plaza directly across from the IDS Center, the business benefits from exceptional visibility and steady foot traffic in one of the city’s most active business districts Meticulously maintained by ownership, all equipment and fixtures are in excellent condition, making this a true turn-key opportunity in a premier urban location Lease terms are favorable at 7% of gross revenue, with four years remaining and two additional five-year renewal options Facilities Square Feet: 5,264 Capacity: 185 Guests, including a 50-seat heated patio and 17 bar seats Parking: Ramp and Street Parking

Parking

Ramp and Street Parking

Capacity

185 Guests, including a 50-seat heated patio and 17 bar seats

Inventory

$30,000, not included in asking price

Square Feet

5,264

Percent Rent Lease

7% of sales plus utilities (office, storage, parking additional costs)

Financials

Asking Price
$275K
RevenueMost Recent Year
$1.8M
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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