Profitable Bar/Restaurant in Duluth-Superior - 11891 SLBJH
Bar and Restaurant with Banquet Facilities in Duluth-Superior
On NextCompany since September 10, 2026 (34 days)
MN area3 FT employees
Business overview
This Duluth-Superior bar and full-service restaurant serves customers through dining, banquet, and catering operations. The business employs 3 full-time and 13 part-time staff members. Senior staff bring 16-20 years of tenure. The owner maintains minimal involvement in daily operations.
The business carries an asking price of $1,999,000. It reports 2024 gross revenue of $1,455,294 and cash flow of $362,916. The asking price includes real estate valued at $1,400,000. The owner seeks to retire.
Who is a good fit for this business
- Buyers seeking limited daily involvement can consider an operation with long-tenured senior staff.
- Hospitality operators seeking banquet and catering facilities alongside a bar and full-service restaurant.
- Buyers seeking business ownership together with the underlying real estate.
Details
- Reason for selling
- Retirement
- Real estate
- Owned, included in sale
Frequently Asked Questions
The business combines a bar and full-service restaurant with banquet and catering facilities. It serves a long-standing customer following.
The business carries a $1,999,000 asking price. It reports gross revenue of $1,455,294 for 2024. Cash flow totals $362,916 for that year.
The asking price includes real estate valued at $1,400,000. The property features newly renovated second-floor office space.
The business employs 3 full-time and 13 part-time employees. Senior staff have 16-20 years of tenure. The owner takes a minimal role in daily operations.