Price Reduced! Drive-In Restaurant
Not Disclosed, MN Not Disclosed
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- RE: Price Reduced! Drive-In Restaurant
- Contact: Pat Steffl
Quick Facts
| Asking Price: | $199,900 | |
| Annual Revenue: | $228,162 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $46,586 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $150,000 | |
| Year Established: | 1965 | |
| Employees: | 22 | |
| BBN Listing #: | 937509 | |
| Broker Reference #: | 5101-18181 |
Business Overview:
This is a Drive-in Restaurant that has been in business for 60 years and still going strong. The business is typically, open from early May to Labor day each year. Good opportunity for an entrepreneur to own a Profitable business that is only open for less than six months a year. The business serves is an old-fashioned drive in specializing in hand-made ice cream, great burgers and sides. Fresh food that is brought right to your car, or can be picked up for take-out.
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Property Features and Assets:
The Drive In is located in a good spot on the intersection of two highways on about 3/4 of an acre lot. There is a gravel drive and parking lot. The main building is about 1,400 square feet with a patio with a canopy for outdoor seating and car to park. The building has been kept in solid condition with modern updates to the building and the equipment.
Assets = $201,200
Market Competition and Expansion:
There are little no other drive-in restaurants in town. This business boast a very high review score on all platforms.
Reason for Selling:
Pursuit of other opportunities.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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