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$200,000
Est. payment /mo
4,529 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,529 sqft
Price per Sqft $44
MLS Listing ID 825753
Year Built 1977
Annual Tax Amount $10,398
Tax Year 2003
Lot Size 1.130 Acres
Acres 1.13
Property Sub-Type Commercial
Property Description
Offering a fully operating, franchised Pizza Ranch in the business in the vibrant west central Minnesota lakes community of Fergus Falls. This listing is for the Franchised Pizza Ranch business and equipment ONLY. This DOES NOT include the Real Estate. The Real estate is available for purchase on a separate listing. Owner may also consider a lease option upon purchase of the franchised Pizza Ranch business to allow the buyer a potential lower capital investment upfront to acquire this operating business. Fergus Falls is located where Minnestoa lake country begins with a population of 14,000 residents and is the county seat of Ottertail County. Opened in 2005, this location has had the same owner/operator since inception, who is now looking to retire and let the next owner take this restaurant to new levels. A stable baseline sales history in place with opportunity to add updates and possibly a new FunZone arcade to increase sales and EBITDA. The sale includes the business, and current franchise (to be renewed Q4 2025) ONLY. Financials available with a signed Confidentiality Agreement. Inventory will be additional to be settled at closing. New buyer will need to be approved by Pizza Ranch, Inc. and will need to meet franchise qualifications. This is a great opportunity for someone to acquire a very reasonably priced, operating, turn-key franchised restaurant with a well-known and respected brand in a proven location.
Location
State MN
County Other
Area Other Default
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Listed by Keller Williams Siouxland