Premier Multi-Location Bar And Restaurant
Not Disclosed, MN Hennepin County
4 Locations In and Around Metro Area
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- RE: Premier Multi-Location Bar And Restaurant
- Contact: Trevor Thielke
- License #: 17457
Quick Facts
| Asking Price: | $10,000,000 | |
| Annual Revenue: | $12,701,822 | |
| Net Profit: | $2,341,957 | |
| Cash Flow: | $2,015,545 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,025,000 | |
| Real Estate: | $150,000 | |
| Year Established: | 2018 | |
| Employees: | 200 | |
| BBN Listing #: | 948337 | |
| Broker Reference #: | 1321 |
Business Overview:
This premier restaurant and bar has firmly established itself as a top destination in Minnesota since its inception in 2018. Starting with locations in two key cities, the business expanded with additional sites in subsequent years, now totaling four locations. Known for its excellence, inviting atmosphere, and high-quality food and beverages, this establishment has built a reputable brand.
The company’s success is supported by a strong leadership team that is actively involved in daily operations, from team training and development to managing vendor relationships. This hands-on approach ensures consistent quality and service.
The business prides itself on offering an elevated dining experience and specially crafted drinks. Every dish is crafted to precise standards and presented with exemplary service. A commitment to exceptional service is a pillar of this establishment. The company prioritizes ongoing staff training to maintain its high standards, ensuring guests enjoy a world-class experience that encourages repeat visits.
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Property Features and Assets:
With 4 locations thriving in and around the Metro area all of the equipment, fixtures, and furniture needed to operate the business is included. The properties are leased.
Market Competition and Expansion:
There is plenty of competition in the locations but few that offer the same experience and level of service. Starting in 2018 with two locations and adding 2 more since demonstrates the capability to grow and scale with their model.
Reason for Selling:
Moving on to new endeavors.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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