Ballroom and Supper Club
Report Date: 5/19/2008 Office Id# 386415
Location: Near Alexandria
Primary Category: Restaurant
 

Financial Information

Asking: $750,000 Gross: $ 200,000 Cash Flow: $ N/A
Furniture, Fixtures & Equipment: $ 200,000
Inventory: $  5,000   (not included in sale price)
Real Estate: $  500,000 (included in price)
Financing:  New Financing, make offer
 
Summary Description: Totally remodeled and updated ballroom two separate dining areas located just 4 miles South of Alexandria one of Minnesota’s premier resort areas.  Facility has brand new kitchen, new media system, new roof and fascia.  Facility is only open 40 days per year presently, as owner has other obligations.  Weddings books into 2009 already.

 

 
General Information:
Facilities: 10,000 sq ft on 4 acres.
Competition:

Very Good.  Only large banquet center on south side of Alexandria sewer and water will be available at end of 2008, with growth potential for City.

Growth & Expansion:

The possibilities are only limited by your own ambition.  Grooms dinners, fund raisers, bike rallies, snowmobile runs, chicken feeds, fish fries are just a few examples of what this facility is capable of.

Support / Training: 15 days for new owners.
Reason Selling: Relocating
Year Established: 1983
Employees: 5PT
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077 OR 763-972-9080 Fax
Email: hospitalityserv@frontiernet.net  
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