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:
46.29098300, -96.11753400
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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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
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.