Back to businesses for sale
Accommodation & Food Services

Turn-key Full-service Restaurant & Patio

Olmsted County, MN, USA
Listed 65 days ago

This full-service casual dining restaurant and lounge is situated in a high-traffic retail and commercial corridor in Southern Minnesota (not in the Twin Cities metro). Established for over a decade, the enterprise has built strong regional brand equity by offering an established, diverse casual dining menu featuring popular international and classic domestic cuisines alongside a robust beverage program. The turn-key business operates out of a spacious, free-standing commercial facility that features distinct indoor dining zones, a dedicated lounge area, and an outdoor seating patio. Favorable lease terms and a highly visible street-front presence ensure a steady flow of local patrons and regional visitors. The venue’s day-to-day operations are supported by a structured workforce, including trained kitchen leads and front-of-house service managers. Comprehensive standard operating procedures and digital management systems are fully integrated, enabling a smooth ownership transition. In addition to high-margin dine-in and lounge traffic, the business has successfully captured substantial off-premises demand through multiple third-party delivery platforms. A new owner can immediately capitalize on immediate growth vectors, such as expanding the underutilized corporate catering program or executing layout modifications to increase capacity.

Employees

11 FT/13 PT

Real Estate

Lease

Trading Hours

Monday-Sunday 10am-10pm

Management Type

This business is owner operated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

This established restaurant and lounge operates out of a sizeable standalone commercial facility strategically situated in a high-visibility, premier retail and commercial corridor in Southern Minnesota. The spacious interior is seamlessly divided into distinct dining rooms, a dedicated lounge, and expansive back-of-house kitchen and prep areas. The facility features a highly desirable, large outdoor seating patio. The real estate is held under a favorable lease agreement with anticipated long-term options to renew, protecting the buyer's capital investment.

Years Established

16

Support & Training

Will train for 2 weeks @ $0 cost.

Expansion Potential

Excellent scale opportunities exist by formalizing and actively marketing the underutilized B2B corporate and private event catering service. A buyer can also optimize the layout of the facility to introduce a trendy sports-bar section to boost high-margin beverage sales. Furthermore, a creative operator could explore leasing out square footage to synergistic beverage partners to create a highly lucrative multi-concept destination.

Competition / Market

The business operates in a highly fragmented industry where independent operators compete on food quality and cleanliness. It stands out in its regional market due to a prominent street-front presence and superior facility standards. The regional trade area exhibits strong economic stability, backed by high consumer spending indexes and a growing local population. The business faces minimal direct competition within its specific concept niche.

Inventory / Stock Value

$10,000 - included in the asking price

Reason for Selling

Other Interests.

Financials

Asking Price
$130K
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$80K
Assets ValueIncluded in Asking Price
$100K
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

[PRICE REDUCED!] Profitable Full-Service Restaurant – $875K+ Sales – 66 Seats – Richmond Suburb

[PRICE REDUCED!] Profitable Full-Service Restaurant – $875K+ Sales – 66 Seats – Richmond Suburb

Richmond, VA, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$160K
Earnings
Undisclosed
Established Richmond Restaurant — Award-Winning Concept

Established Richmond Restaurant — Award-Winning Concept

City of Richmond, VA, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$375K
Earnings
Undisclosed
Camping between trees and sea

Camping between trees and sea

New Brunswick, CAN
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$850K
Earnings
Undisclosed