In the market for a sprawling northeast Minneapolis bar/restaurant with accompanying Ferris wheel and putt-putt course? Buddy, have we got the listing for you. Betty Danger's, a Northeast nightlife fixture since 2014, can now be yours for $4.2 million.
Actually, the brand name is negotiable for extra money, but basically everything else at 2501 Marshall St. NE. is included: the turn-key 8,400-square-foot bar, restaurant, and kitchen, the Ferris wheel imported from Europe, the mini-golf course, the massive patio, and the 43-space parking lot. Furniture, kitchen and bar equipment, and "most of the décor" are all part of the price tag, though certain pieces of art are not. Bonus: You also get this adjacent single-family home located at 41 Lowry NE.
"The most amazing entertainment event venue, restaurant & bar, and destination location in the Twin Cities…" the listing exclaims. "This is a one-of-a-kind place to see and be seen, is a work of art itself. The property has been perfectly maintained and is stunningly furnished inside and out."
Brokers Hayden Hulsey and Mark Hulsey of Results Commercial tell Racket the property has a track record of robust financial performance, and it's ready for a new owner to hit the ground running.
Here's some additional salesmanship, complete with neat drone photography.
Owner Leslie Bock listed Betty Danger's Country Club for sale in mid-2020 for $5.2 million, telling Bring Me the News "the restaurants' business model is not pandemic friendly...at all." It would reopen last May with an Orwellian rebrand. "Viruses and virus policies and panic pornography caused [Betty] a bit of a meltdown," once read the website for the freshly coined Betty Danger's Animal Farm. You can read the current manifesto here.
In 2020, Betty Danger's secured $313,567 in forgiven PPP cash intended to save 13 jobs; the following round, in 2021, the business collected $560,870 intended for 259 jobs. Those figures, combined the head-scratching new concept, elicit frequent eyerolls in the Service Industry MSP Facebook page.
As you recruit investment partners, spend the long holiday weekend cooking up the reactionary, politically charged theme that best suites your beliefs. And enjoy this photo tour, courtesy of commercial real estate website LoopNet.