Minnesota Hospitality Businesses for Sale: Hotels, Restaurants & Cafes
Discover Minnesota hospitality businesses for sale on DealStream. From hotels, motels and lakeside resorts in Duluth and Rochester to restaurants, bars and cafes in Minneapolis and St. Paul, our curated listings showcase turnkey, investment-ready opportunities across the North Star State. Start your search today and secure your next profitable venture in Minnesota’s thriving hospitality market.
Showcased Deals
Pub with Catering Income & Growth Potential
Own a beloved local restaurant with built-in revenue and room to grow! This long-standing neighborhood pub is known for its hearty homemade comfort food, welcoming atmosphere, and a loyal customer base that feels like family. The business is consistently profitable and supported by a dedicated staff. In...
Great Reviews & Profitable Restaurant
This small-town restaurant feels like something you'd find in an urban downtown. It's located in a historic building with brick walls and tin ceilings 20 miles from the Fargo/Moorhead area. It offers a unique menu with hand-tossed pizza dough that is a huge hit with the community and surrounding area....
All Matching Deals
Pub with Catering Income & Growth Potential
Own a beloved local restaurant with built-in revenue and room to grow! This long-standing neighborhood pub is known for its hearty homemade comfort food, welcoming atmosphere, and a loyal customer base that feels like family. The business is consistently profitable and supported by a dedicated staff. In...
Great Reviews & Profitable Restaurant
This small-town restaurant feels like something you'd find in an urban downtown. It's located in a historic building with brick walls and tin ceilings 20 miles from the Fargo/Moorhead area. It offers a unique menu with hand-tossed pizza dough that is a huge hit with the community and surrounding area....
Restaurant/Bar
Long running Duluth/Superior bar restaurant with excellent profits. Banquet and catering facility, 16-20 year senior staff, and long-standing customer following. Turnkey operation with minimal owner involvement in day-to-day operations. Real estate is included with good cash flow to new owner. Newly...
Profitable Limited Service Restaurant w/ RE
This investment presents a Limited Service Restaurant (LSR) operation located in Rochester, MN. The business is housed in a modern, fully renovated, approx. 10k square foot commercial building, whose aesthetic celebrates the structure's rich commercial history. This business has an experiential dining...
Turn Key Established Bar & Grill Est 2002
Bar & Grill has been serving up customer favorites such as fresh ground burgers, wings, broasted chicken and homemade pizzas since 2002. The longtime owner is ready to retire and pass along this legacy establishment to a buyer seeking a business opportunity in this quaint small town just a few miles...
Bar and Grill in Southeast MN
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...
Profitable Central MN DQ Grill & Chill Franchise
Step into a nationally recognized franchise with deep community roots and over 50 years of local brand loyalty. This treats & eats focused quick-service restaurant is located in the heart of a tourism meca 2 hours from the Twin Cities, drawing a balanced mix of local and seasonal customers. The business...
Sub Sandwich Franchise North Shore MN
Established in 2003, this sandwich shop has built a reputation for great service in the community. Store has been run semi-absentee for many years. This is an ideal opportunity for a new owner/operator to acquire a business with immediate growth opportunity. GM + Key Employees + Well-Trained Staff...
Established Subway Franchise in Central Minnesota – Strong Sales & Cash Flow
This profitable Subway franchise in Annandale, Minnesota offers an outstanding opportunity for an owner-operator or investor seeking a well-known, reputable, and turnkey business. Located in a high-traffic area, this restaurant has built a loyal customer base and benefits from the strength of one of...
Own a Favorite Neighborhood Brew Pub. $150k Cash Flow
If you’ve ever dreamed of running a place where friends gather, conversations flow, and the community comes together over great beer and food—this is your chance. This beloved brew pub has become more than a business; it’s a local institution with deep roots and a warm, welcoming vibe. Guests rave...
Modern Neighborhood Diner with High-Traffic Corner Location
This vibrant, full-service restaurant offers a modern twist on classic American comfort food and has become a beloved staple in its neighborhood. Known for its creative takes on familiar favorites—like BLTs, Reubens, truffle fries, and standout dishes like Swedish meatloaf, fish tacos, and tomato peanut...
Profitable Northern MN Bar & Liquor Store with Real Estate
Located a half hour north of Grand Rapids, MN, this long-established bar and off-sale liquor store offers a balanced mix of services, drawing steady traffic from both local residents, seasonal visitors, and cabin owners. The business features a full-service bar with seating for 60, outdoor patio,...
Profitable Motel Near BWCA
Long-established motel for sale near Minnesota’s BWCA. This business offers cozy accommodations and is known for its warm guest service and charming atmosphere. It benefits from a strong reputation, loyal repeat customers, and consistent tourism traffic year-round. With clean and well-maintained...
Three Profitable Franchise Locations – $1.6M Revenue
This multi-location sandwich franchise presents a rare opportunity to own a highly recognizable and profitable business in a fast-growing market. With three established locations in high-traffic areas, this business benefits from strong brand loyalty, multiple revenue streams, and a supportive franchise...
Prime Commercial Real Estate Downtown Ely, MN
Situated on the bustling main street of town, this property enjoys high visibility and foot traffic, making it an ideal spot for commercial ventures. The property's central location ensures easy access to local amenities, shops, and recreational activities, enhancing its appeal to both locals and visitors. The...
Established Multi-Unit IHOP Franchise Seeking Experienced Franchise Portfoli
Established Multi-Unit IHOP Franchise Seeking Experienced Franchise Portfolio Owner – Twin Cities Metro. 57691
Destination Wedding Venue in Southern Metro. $800K for business
Rustic wedding and event venue is a charming countryside destination that blends rustic charm with modern amenities. • 2025 season booked near capacity • Gorgeous rural setting • Indoor & outdoor accommodations • Various options for events
Tips for Buying Hospitality Businesses In Minnesota
Understand Local Market Dynamics
Before purchasing a hospitality business in Minnesota, it’s crucial to familiarize yourself with the unique aspects of the local market. Minnesota’s tourism and hospitality industry is heavily influenced by seasonal trends, particularly in areas known for lakes, outdoor recreation, and winter sports. Evaluate how peak seasons and off-peak downturns affect occupancy rates, customer flow, and revenue. Speak with other local business owners and review regional tourism reports to fully grasp the economic drivers and customer demographics. Understanding these patterns will help you set realistic expectations and plan for year-round success.
Conduct Thorough Due Diligence
No matter how promising a hospitality business might seem, comprehensive due diligence is essential. Scrutinize all financial statements, tax returns, and occupancy records for at least the past three years. Pay special attention to licenses and permits relevant in Minnesota, such as liquor licenses, food safety certifications, and compliance with state health regulations. If the business has an online reputation, check reviews on platforms like TripAdvisor and Google for red flags that could impact your future revenue. Due diligence will not only protect you from hidden liabilities but also strengthen your negotiation position.
Assess Location and Property Condition
Location is paramount in hospitality, and Minnesota’s diverse regions present different opportunities and challenges. Evaluate the property’s visibility, accessibility, proximity to attractions, and local competition. For hospitality businesses, the physical condition of the building and equipment can greatly influence both short-term profitability and long-term operational costs. Invest in a professional property inspection to identify any deferred maintenance, code violations, or required upgrades. Factoring these considerations into your purchase decision can help you avoid costly surprises and set your new business on the path to profitability.
Browse By Locations In Minnesota
- Hennepin County, MN
- Ramsey County, MN
- Otter Tail County, MN
- Anoka County, MN
- Clay County, MN
- Saint Louis County, MN
- Dakota County, MN
- Washington County, MN
- Stearns County, MN
- Olmsted County, MN
- Minneapolis, MN
- Saint Paul, MN
- Fergus Falls, MN
- Moorhead, MN
- Bloomington, MN
- Lakeville, MN
- Minnetonka, MN
- Plymouth, MN
- Saint Louis Park, MN
- Saint Cloud, MN