$525,000

223 Kraft Drive SE

Melrose MN, 56352

Description

1: Restaurant has an excellent following in the community and has been steadily increasing year over year revenues since inception in 2012. Established website, strong social media presence and award-winning food make this a turnkey business opportunity.Business operates out of a 6,400 SF facility, with seating capacity of 240 customers. Huge banquet sized kitchen area. Additionally, there is elevated signage which is visible to Interstate 94.Minimal competition in the market. Local area has recently experienced significant expansion with the addition of Jennie O Turkey Plant ($150 MIL employs 850 people), expansion of Centracare Health ($30 MIL) and the new Saint Marys Church ($7 MIL).

Details

MLS#5472442
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2012
Days On Site272

Features

Market Activity 56352

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Area Information
StateMN
CountyStearns
CityMelrose
Zip Code56352
Listing VS Median (in 56352)
Price:
$525,000
low | high
Med:
$169,900
100% of Average
On Site:
272
low | high
Med:
31
100% of Average
Listing Updated: 08/25/2020
Michael J. Schmitt LogoMLS Number: 5472442
Listing Provided By:
Michael J. Schmitt  of  Coldwell Banker Commercial

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