Profitable Limited Service Restaurant W/ RE

Description

Limited-service restaurant for sale in Rochester, Minnesota, operating from an approximately 10,000 sq. ft. renovated commercial property. The business combines food and beverage sales with additional income from a long-term commercial lease.

Property

• Approximately 10,000 sq. ft.
• Modern renovated commercial building
• Design incorporates elements of the property's earlier commercial use
• Additional income from a long-term commercial tenant

Buyers should review the lease agreement separately, including rent, renewal options, tenant responsibilities and any assignment or change-of-control provisions.

Restaurant

The restaurant operates around an experiential dining concept with multiple food and beverage options. The space is designed to accommodate families, groups and social gatherings.

Management

Two managers currently oversee employees and regular day-to-day operations.

The owner reports spending approximately 16 hours per week on administrative work and on-site management. Buyers should confirm which duties remain with ownership and which are handled by the management team.

Growth

• Open on days the restaurant is currently closed
• Expand catering
• Increase private and group bookings
• Develop additional local marketing

Any projected improvement from additional operating days should be evaluated against the related labor, food and occupancy costs.

Transition

The current ownership plans to provide a full transition after closing to transfer operating procedures, vendor relationships and management knowledge.

Buyer review

Buyers should verify historical restaurant financials, sales by day and service type, food and labor costs, manager compensation, equipment ownership and current operating hours.

The commercial lease income, property expenses, building condition, food-service permits, liquor licensing if applicable, zoning and any deferred maintenance should also be reviewed before closing.