Confidential Saint Paul, MN 55102

Property Details for 0 Confidential

Property type

Commercial real estate

Description

This iconic Stillwater, MN cafe, operating for 35 years, presents a unique opportunity for acquisition. Boasting a prime location and loyal clientele, this fast-casual eatery generates $426,764 in gross revenue and $109,942 in Seller Discretionary Earnings (SDE). The 1500 sq ft space comfortably seats 82 patrons and includes a fully equipped kitchen. Recent upgrades include new carpeting, chairs, and tabletops. The business operates seven days a week from 8 am to 2 pm, employing six staff members (four full-time, two part-time). The owner, retiring after 35 years, offers two weeks of support and training, and a non-compete agreement within a 50-mile radius for five years. The asking price is $279,000, with $27,900 in seller financing available. Furniture, fixtures, and equipment (FF&E) are valued at $60,000. Post-pandemic, revenue shows consistent year-over-year growth, supported by a 4.6-star average Google rating across over 500 reviews. This turnkey operation offers significant potential for growth and expansion in a thriving community. The business is not a franchise.

Location Insight

City

Saint Paul

County

Ramsey

State

Minnesota

Longitude

-93.1127

Latitude

44.9344