Naomi's Restaurant
Report Date: 9/18/2007 BizBuySell Add #: Pending
Location: Marshall
Primary Category: Bar/Restaurant/Banquet Center
 
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Financial Information

Asking: $ 375,000 Gross: $ Cash Flow: $
Furniture, Fixtures & Equipment: $ 150,000
Inventory: $  Currently closed
Real Estate: $ 355,200 (included in sale price)
Financing: $ Possible terms, Make offer
 
Summary Description:
Long established premier supper club, entertainment, and banquet center, formally “The Chalet”.  Located on College Drive in Marshall, MN.  This establishment is located across the street from University of Minnesota Marshall Campus.  Facility features 2 separate bar areas, 3 separate dining rooms and a full kitchen.  Additionally there is 2,352 sq of storage in the basement.
 
General Information:
Facilities: 7,466 sq ft, on 28,125 sq ft lot
Competition:  Marshall is the business and cultural hub for SW MN with a population of 12,000 and growing.
Growth & Expansion: Although presently closed, former owners had revenues of over $850K
Support / Training: 30 days for new owners.
Reason Selling: Divesting of property
Year Established: 1958
Employees: none, business is currently closed
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
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