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BJs Bar and Grill 61486 County Road 86 14 000 pi² Commerce de détail Immeuble Kellogg, MN 55945 515 610 $ CAD (36,83 $ CAD/pi²) 25% Taux de capitalisation



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Faits saillants de l'investissement
- Turnkey bar and grill business with real estate included, located in the scenic bluffs of Southeast Minnesota.
- All assets required for operation are included in the sale, with seller financing available for qualified buyers.
- Situated on nearly 2 acres with potential for additional amenities such as an outdoor patio and music area.
- Includes a 1,600 sq ft living quarters in the basement with private entrance, bedroom, living room, and bathroom.
Résumé de l'annonce
Business Description
If you say that you want a bar and grill and don't consider this opportunity twice, I'm calling you out as a liar. This type of opportunity does not come around often. Over $140k bar/grill profits (the cap rate calc is restricted to 25%, silly LoopNet) for $375k including real estate? Yea, good luck finding a unicorn like this again. 14,000 sqft! You are killing me here, quit thinking and grab your check book.
BJs Bar and Grill in beautiful Theilman, MN is available for sale. This business is turn key with all assets need to run the operation included in the asking price. Set on just under 2 acres of land, this 14,000 sqft facility contains a bar, restaurant, and social hall that can handle up to 600 guests at a time. Located in the picturesque bluffs of Southeast Minnesota this business offers a place to get food and drink for the campground next door, locals from all over the surrounding area, and snowmobilers as they ride the trail that passes right next to the facility. In addition, wedding parties and local non-profits utilized th`e 10,000 sq ft banquet hall throughout the year. With thirteen dedicated and skilled part-time staff and enough equipment to feed 600 people at a time, this business is set up for success for the next owner. The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'. In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door. Capitalize on this opportunity to own a highly coveted piece of real estate and turn-key business today!
Facilities
The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'.
In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door.
Products, Services & Licenses
This business serves up food, drink, good times, and social gathering spaces to patrons of all ages and backgrounds. The new owner should be prepared to take over the cooking and general management of the business, or be prepared to hire out those duties. The business requires a alcohol license and food license from the state of MN to operate; the new owner should be prepared to get these licenses lined up as well. Bring your culinary and management skills to this opportunity, along with some ingenuity and elbow grease, and you are sure to have a solid money maker for years to come.
Assets/Liabilities Comments
All assets needed to conduct current operations are included in the asking price.
Potential for Growth
There are many avenues for growth in this business including: 1) adding an outdoor patio, 2) adding outdoor music, 3) opening up more days of the week, 4) marketing more for the banquet hall space and doing more big events, 5) changing up the food and drink specials.
If you say that you want a bar and grill and don't consider this opportunity twice, I'm calling you out as a liar. This type of opportunity does not come around often. Over $140k bar/grill profits (the cap rate calc is restricted to 25%, silly LoopNet) for $375k including real estate? Yea, good luck finding a unicorn like this again. 14,000 sqft! You are killing me here, quit thinking and grab your check book.
BJs Bar and Grill in beautiful Theilman, MN is available for sale. This business is turn key with all assets need to run the operation included in the asking price. Set on just under 2 acres of land, this 14,000 sqft facility contains a bar, restaurant, and social hall that can handle up to 600 guests at a time. Located in the picturesque bluffs of Southeast Minnesota this business offers a place to get food and drink for the campground next door, locals from all over the surrounding area, and snowmobilers as they ride the trail that passes right next to the facility. In addition, wedding parties and local non-profits utilized th`e 10,000 sq ft banquet hall throughout the year. With thirteen dedicated and skilled part-time staff and enough equipment to feed 600 people at a time, this business is set up for success for the next owner. The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'. In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door. Capitalize on this opportunity to own a highly coveted piece of real estate and turn-key business today!
Facilities
The real estate the business operates out of is included in the asking price. The building is divided up into a 125' by 80' event hall, and kitchen/bar/restaurant that is 102' by 40'.
In the basement there is a 1600 sq ft living quarters setup with a bedroom, living room, and bathroom, along with a private entrance. In addition, in order to have a place to stay locally, there is an opportunity to get a permanent camping spot in the campground next door.
Products, Services & Licenses
This business serves up food, drink, good times, and social gathering spaces to patrons of all ages and backgrounds. The new owner should be prepared to take over the cooking and general management of the business, or be prepared to hire out those duties. The business requires a alcohol license and food license from the state of MN to operate; the new owner should be prepared to get these licenses lined up as well. Bring your culinary and management skills to this opportunity, along with some ingenuity and elbow grease, and you are sure to have a solid money maker for years to come.
Assets/Liabilities Comments
All assets needed to conduct current operations are included in the asking price.
Potential for Growth
There are many avenues for growth in this business including: 1) adding an outdoor patio, 2) adding outdoor music, 3) opening up more days of the week, 4) marketing more for the banquet hall space and doing more big events, 5) changing up the food and drink specials.
Bilan financier (Pro forma - 2025) |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
-
|
-
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
584 358 $
|
41,74 $
|
| Taxes |
-
|
-
|
| Dépenses d’exploitation |
402 389 $
|
28,74 $
|
| Total des dépenses |
402 389 $
|
28,74 $
|
| Revenu net d’exploitation |
181 969 $
|
13,00 $
|
Bilan financier (Pro forma - 2025)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 584 358 $ |
| Annuel par pi² | 41,74 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | 402 389 $ |
| Annuel par pi² | 28,74 $ |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 402 389 $ |
| Annuel par pi² | 28,74 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 181 969 $ |
| Annuel par pi² | 13,00 $ |
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
14 000 pi²
Classe d’immeuble
C
Année de construction
1968
Prix
515 610 $ CAD
Prix par pi²
36,83 $ CAD
Taux de capitalisation
25%
Revenu net d’exploitation
128 902 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Taille du lot
1,74 AC
Zonage
Commercial - 233 - (NON-HSTD) COMM LAND & BLDGS; 201 - (NON-HSTD) RESIDENTIAL
Stationnement
75 places (5,36 places par 1 000 pi² loué)
Exceptionnellement facile d'accès en voiture
100/100
Assez praticable en vélo
20/100
Impôts fonciers
| Numéro de lot | R-06.00329.00 | Évaluation totale | 800 125 $ CAD |
| Évaluation du terrain | 82 008 $ CAD | Impôts annuels | 0 $ CAD (0,00 $ CAD/pi²) |
| Évaluation des bâtiments | 718 117 $ CAD | Année d’imposition | 2025 |
Impôts fonciers
Numéro de lot
R-06.00329.00
Évaluation du terrain
82 008 $ CAD
Évaluation des bâtiments
718 117 $ CAD
Évaluation totale
800 125 $ CAD
Impôts annuels
0 $ CAD (0,00 $ CAD/pi²)
Année d’imposition
2025
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Présenté par
BJs Bar and Grill | 61486 County Road 86
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