4 Full Service Restaurants For Sale With Prime Real Estate!!! Elk River, MN 00000

Property Details for 0 4 Full Service Restaurants For Sale With Prime Real Estate!!!

Year built

1975

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional opportunity involves the acquisition of four highly successful, full-service Mexican restaurants in Minnesota. Established over four decades ago under the same ownership, this well-regarded chain boasts a strong reputation and consistent profitability. The asking price of $12,000,000 includes all four locations, their prime commercial real estate, and extensive, high-quality equipment. Each restaurant features a fully equipped commercial kitchen, designed for efficiency and high-volume production. These kitchens include walk-in coolers and freezers, conveyor ovens, fryers, and ample prep space, along with point-of-sale systems, dishwashers, and other essential equipment. The dining areas are spacious and well-maintained, featuring comfortable seating, large bar areas, and extensive parking. The restaurants offer diverse menus, including lunch, dinner, and catering options, featuring appetizers, fajitas, salads, burritos, tacos, grilled items, and desserts. The locations benefit from high-traffic roads and excellent signage, contributing to their consistent success. The current annual gross revenue is $10,745,409, with a cash flow of $1,105,448. The sale includes all existing equipment, fixtures, and furnishings. The seller is retiring, presenting a unique opportunity for a buyer to continue the legacy of this successful business and expand its reach into new markets. The current lease agreements extend indefinitely. The business employs 411 people. Detailed financial information is available upon request, subject to a confidentiality agreement and proof of funds.

Location Insight

City

Elk River

County

Sherburne

State

Minnesota

Longitude

-93.5672

Latitude

45.3039