Restaurant/Lounge/Event Center in the Heart of Winthrop, MN ~ Full of Traditional, Original Charm!
Restaurant/Lounge/Event Center in the Heart of Winthrop, MN ~ Full of Traditional, Original Charm!
Remarkable business opportunity right in the heart of Winthrop, MN. Currently Hahn's Dining and Lounge, this gorgeous property features a functional restaurant/lounge space with additional dining/event center attached. With new flooring throughout the lounge area & restrooms, gorgeous chandeliers and traditional charm in event center and ability to set up dance floor and multiple bar/food areas, this a rare find and the perfect opportunity to take advantage of the current high demand in this area for catering and events - or bring your business ideas to suit the space!
Location
Country: | USA |
State or Province: | MN |
City: | Winthrop |
Location Zip or Postal Code: | 55396 |
Listing Information
Service Type: | Sit-Down Table Service, Counter Service/Fast Casual, Liquor Primary |
Title of Listing: | Restaurant/Lounge/Event Center in the Heart of Winthrop, MN ~ Full of Traditional, Original Charm! |
Year Established: | 2007 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 4200, Square Feet |
Number of Employees: | 11-50 |
Growth or Expansion Opportunities: | Restaurant income alongside opportunity for Event Center with Dance Floor! |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Links
Website: | https://www.edinarealty.com/yvonne-perkins-realtor |
Financial Details
Asking Price: | $375,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Real Estate Owned |
Financial Comments (include any Financing information that may be useful): | All catering equipment & additional business contents will be conveyed to buyer with full price or higher offer. |
Contact Listing Owner
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