Fat Jax Restaurant and Bar
Report Date: 6/4/2008 Office Id# 390372
Location: NW Metro
Primary Category: Restaurant
 
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Financial Information

Asking: $595,000 Gross: $ Cash Flow: $ N/A
Furniture, Fixtures & Equipment: $ 100,000
Inventory: $  20,000 (not included in sale price)
Real Estate: $ 400,000  (included in price)
Financing:  $150K down, make offer
 
Summary Description:

High traffic location on US Highway 10. 15 miles E of St. Cloud in Becker, MN.  Fat Jax has a fresh unique décor that is very inviting.  Very nice newer kitchen with extra storage in lower level.  Seating for approximately 75.

 
General Information:
Facilities: 3,200 sq ft on city lot
Competition:

Huge growth potential in all areas. Small banquet area with seating for 40 could be utilized for fund raisers, private parties, etc.  Off premise catering to several large businesses nearby; Becker Furniture Home Center and Structural Steel.

Growth & Expansion:

Very Good.  Fat Jax has all the right ingredients: Good location, easy access, great looking facility, newer building – 1997 construction, ample parking.

Support / Training:

Present owner is absentee.  However the present General Manager could stay on for training of the new owners.

Reason Selling:

Divest of Restaurant operations

Year Established: 1997
Employees: 3FT/10PT
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077 OR 763-972-9080 Fax
Email: hospitalityserv@frontiernet.net  
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