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Bar for Sale in Minneapolis, United States

Portfolio of 8 award-winning restaurant brands in several Minneapolis neighbourhoods.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 9 million
Run Rate Sales USD 9 million
EBITDA Margin 7 %
Industries Restaurants + 1 more
Locations  Minneapolis
Local Time 7:11 AM America / Bahia Banderas
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 35 million (Native Currency: USD 35,000,000)
Reason: Restaurants are in a turnaround phase since Covid. Mix of profitable and losing cash. We're also see... View More
Includes physical assets worth USD 2 million
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Business Overview

- 8 award-winning restaurant brands.

- These brands are all located in neighbourhood areas of Minneapolis.

- The brands each have a single outlet and have been built from 1993 to the present.

-two brands are primed for an expansion of units.

- In the future, there are plans to include a brewpub, cafe and bakery.

Products & Services Overview

Food, wine, beer, cocktails, skeeball, events, parties, music.

Assets Overview

Intellectual property, FF&E, inventory, goodwill, potential real estate.

Facilities Overview

Mix of owner occupied and leased real estate.

Capitalization Overview

Currently the business has little debt except for two mortgages on real estate. Ownership is 85/15% and one is 100% owner of real estate.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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