Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$649,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	$110,000	Year Established	1994
FF&E	N/A	Employees	30

* included in the asking price

** not included in the asking price

Sibley Station has become a favorite choice for customers throughout the Brainerd Lakes Area due to its great menu selections offering a variety of soups, breads, salads, pizzas, a great beer selection, and a unique wine list. Sibley Station has also been recognized with a large number of awards from the Lake Country Journal s Readers Choice Restaurant Awards, including being voted one of the area s Top Ten Dining Spots for 2005, 2006, and 2007. Purchasing Sibley Station is more than just buying a business, it s buying a lifestyle. The Brainerd Lakes Area is known for its hundreds of lakes, streams, rivers and vast expanses of forest, which provide an unparalleled setting for year-round outdoor activities, abundant wildlife and nature. This is an excellent opportunity to live in nature s paradise and own an established business!

Facilities: The subject property is located on Government Drive within the City of Pequot Lakes. This is a paved two lane city street with angled parking along each side of the street. Across the street from the property is a large city park that is used to host public events. The site is accessed along the entire easterly and westerly sides, which are each 50 feet in length. The westerly side of the side of the site is on Government Drive and the easterly side is accessed by an alley.

Competition: As expected, the growth of the Brainerd Lakes Area has resulted in a large number of restaurants throughout the region. The variety of options available to the consumer has also increased. Sibley Station, however, has become a popular destination for customers throughout the Brainerd Lakes Area as evidenced by the restaurants many awards received from the Lake Country Journal s Readers Choice Restaurant Awards. Sibley Station s primary competition is considered to be three restaurants in the area: Antlers, Timberjack Smokehouse, and Birchwood Restaurant

Growth/Expansion: Additonal advertising, Open Sundays; Improve cost controls; Better utilization of loft area; Add catering; Increase liquor sales; Growth of the Lakes Region

Financing: Cash, new financing, or terms acceptable to seller

Reason Selling: Personal financial challenges not related to the business.