How much does a restaurant for sale in Minnesota cost?
Minnesota restaurant acquisitions range widely depending on market and concept. Asset sales typically start from $28,000 to $130,000. Full business sales range from $95,000 to over $850,000. Minneapolis and Saint Paul prime neighbourhoods command the highest prices while secondary markets like Duluth, Rochester, and Greater Minnesota offer lower entry costs.
What are restaurant lease rates in Minnesota?
Minnesota restaurant lease rates vary significantly by market. Prime Minneapolis North Loop and Uptown locations average $28 to $38 per square foot annually. Saint Paul prime areas range from $24 to $34. Rochester downtown runs $24 to $32. Duluth Canal Park ranges from $20 to $28. Greater Minnesota markets typically range from $16 to $26 per square foot annually.
What types of restaurant transactions are listed in Minnesota?
Pepperlot lists business sales, asset sales, and property sales across Minnesota. Asset sales transfer equipment and lease only, keeping the seller's liabilities out of the transaction. Business sales include the full operation, brand, permits, and staff including any transferable liquor license.
Which Minnesota cities have the most restaurants for sale?
Minneapolis, Saint Paul, and the surrounding Twin Cities suburbs are the most active markets on Pepperlot. Rochester, Duluth, Bloomington, and Saint Cloud also have a growing number of listings with varying entry costs.
Can I list a restaurant for sale anywhere in Minnesota on Pepperlot?
Yes. Listing on Pepperlot is free. Create a restaurant specific listing with details like hood systems, seating, permits, and lease terms, and your space is in front of buyers the same day. Confidential listing options are also available.
