43869 Fort Thunder Road, Perham, MN 56573

Perham, MN

Business for Sale - $425,000 - 2,832 Sq. Ft. on 0.5 acres

Agent Info

Lyle Rasmussen

Property Info

  43869 Fort Thunder Road, Perham, MN 56573
  Perham MN 56573
UpdatedOctober 18th, 2021
Building2,832 Sq. Ft.
Land0.5 acres


Property Description

Great Opportunity to own established restaurant w/reputation for great food, amazing breakfasts, lunch and friendly service. Easy access in Perham, MN off Hwy 10 by Truck Stop, motel & lakes. Now is the time to own & operate your own business. 29 Yrs in business. Steady income Open limited hours 7-2, 6 days a week, - room for you to expand hours and income. Currently 12% cap rate.

This property is located in Perham. The area around the property has 6,247 residents where 48.4% are male and 51.6% are female. Approximately 19.5% of residents have attained four-year degrees beyond high school education. 67.4% of residents in the area around the property are employed and earn an income with median of $58,851 and mean of $76,831.


Financials are available after signing a confidentiality agreement.

Business doing well and has an estimated 12% Cap rate

The current owner-operator closes every Tuesday. If the restaurant was open Tuesdays it would generate an additional Gross income of $52,000 per year