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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Minnesota Businesses For Sale Categories   >>   

Property With Fast Food Business For Sale

Location  Minnesota,United States
Asking Price Range  $250K - $500K
Gross Revenues  $275000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1995
Number of Employees  1 - 3
Inventory  10000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Description  This property is located in a highly visible/trafficked area of South St. Paul. Built in 1885 with over 7,300 sq ft of space, the 2-story property consists of 3 apartments upstairs and 2 commercial spaces downstairs (all currently rented). The total annual rental income is approx $75k and the expenses are approx $21k (taxes, utilities and insurance). One of the commercial spaces is home to a fast food business which the seller owns. This is also available for sale at $50k, but does not have to be a part of the transaction. The seller could continue operations as is and lease the space from the new owner of the property. The property only is listed at $380k. The business by itself is not available for sale. The property must be purchased with it. The property can however be sold without the fast food biz. Revenues and cash flow stated are for both the fast food biz and the investment property (combined). Please contact Deborah Waldvogel for further details at 612-408-0451.
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