Established Hospitality Venue/Banquet Hall in Twin Cities Area for Sale

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Financial Details

Asking Price:
$250,000
Annual Revenue:
$1,884,157
Cash Flow / SDE:
$5,474
Profit Metric:
Seller's Discretionary Earnings
Valuation Multiple:
45.7x
Location:
MN, US
Source:
Date:
November 07, 2025

Key Highlights

Longstanding, multi-generational community establishment with loyal customer base.
Strong foundation in repeat business from social groups and private events/banquets.
Fully built-out facility with ample, free parking—a rare asset in the market.

Description

This is a rare opportunity to acquire a deeply established hospitality venue located in the Twin Cities area, operating since 1987. The business thrives on strong community goodwill and generations of repeat visitors, serving as a central gathering place for loyal customers and community groups. Highlights include flexible banquet space, a seasoned staff, and the highly valued amenity of ample, free parking. While currently slightly cash-flow positive, the venue is perfectly positioned for an operator focused on expanding event-based revenue streams. It is being sold due to the owner's retirement, offering a turnkey operation ready for immediate takeover or concept integration.

Industry Information

Industry Description:
Hospitality Venue/Banquet Facility
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1987
Employees:
40
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Leased
Monthly Rent:
$12,590 USD

Assets & Inventory

FF&E Value:
$75,000 USD
Includes FF&E:
Yes
Inventory Value:
$20,000 USD
Includes Inventory:
Yes

Broker Contact

Name:
Keith Becker
Company:
Transworld Business Advisors
Email:
[email protected]
Phone:
(763) 587-1187

Listing Details

Listing ID:
81d90a60-494b-490c-9420-4f382966376a
Source Listing ID:
17441-993848
Deal Status:
For Sale
Last Updated:
November 07, 2025
Currency:
USD

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