For Sale: Fergus Falls MLS# 6514833
Active
$850,000
Commercial: Business Opportunity
Built 1977
1.13 acres
Fergus Falls schools
MLS# 6514833
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Property Description
Offering a fully operating, franchised Pizza Ranch restaurant in the busy and vibrant west central Minnesota community of Fergus Falls 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 in2005, 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 sales history in place with opportunity to add updates and possibly a new FunZone arcade to increase sales and EBITDA. The sale includes the real estate/building, and all FF&E. 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 to acquire a turn-key franchised restaurant with a well-known and respected brand and increase sales and efficiencies.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Property Type:
Commercial
City:
Fergus Falls
Garage Spaces:
0
County:
Otter Tail
Year Built:
1977
State:
MN
Property Style:
Business Opportunity
Zip Code:
56537
Subdivision Name:
Holiday Inn Add
Exterior
Garage Spaces:
0
Garage Door Height:
0
Other Parking Spaces:
74
Foundation Size:
4,529 ft2
Handicap Accessible:
Other
Heating System:
Forced Air
Parking Features:
Paved
Exterior Material:
- Brick/Stone
- Wood Siding
Lot & Land
Acres:
1.13
Geolocation:
46.290983, -96.117534
Inclusions:
Building, Business Assets, Fixture/Equipment
Lot Dimensions:
175 x 282
Zoning:
Business/Commercial
Schools
School District:
544
District Phone:
218-998-0544
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$10,398
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$12,894
Units
Total Units:
1
Miscellaneous
Current Use:
Restaurant
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Keller Williams Siouxland.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.