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Price Reduced! Drive-In Restaurant

Minnesota

Asking Price: Gross: Cash Flow:
$199,900 $228,162 $46,586

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$1,200 (included in the asking price)

Real Estate:
$150,000 (included in the asking price)

Business Summary:
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.

 
   
   
Year Business was Established: 1965
   
Number of Employees: 22 PT  
   
Facilities / Terms of Lease: 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 sq. ft. 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.  
   
Competition: There are little no other drive-in restaurants in town. This business boast a very high review score on all platforms.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Pursuit of other opportunities.  
 

 

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