000 Sales Minneapolis, MN 00000
- Retail properties
- 1,620 SF
Current Use by Public Records
- Retail properties
Property Details for 000 Sales
- Year built
- 2019
- Property size
- 1,620 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This profitable, independent pizza restaurant is located in a desirable western Minneapolis suburb. Established in 2019, this 1,620 square foot takeout and delivery-only operation boasts impressive annual sales of $400,000. The lease runs until December 30, 2030, with a monthly rent of $4,300, inclusive of CAM fees. The restaurant features a double-decker pizza oven, refrigerated prep table, two two-door reach-in freezers, new prep tables, a POS system, and a walk-in cooler. Additional equipment includes phones, a mixer, office desk and chair, and shelving. The current owner is selling for reasons other than financial distress and offers two weeks of support for a smooth transition. The restaurant has four employees and benefits from a prime location surrounded by retail shops, residential homes, and apartments, making it ideal for continued growth in catering and delivery services. This is a fantastic opportunity for an experienced restaurateur or aspiring entrepreneur to acquire a well-established business with significant earning potential. The asking price is $150,000. Seller financing is not available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.2837
- Latitude
- 44.9231
