MN restaurants wanted
RED WING, Minn. (KMSP)
The city of Red Wing, Minn. is hoping to lure up to 3 chefs and restaurateurs to its charming downtown about an hour southeast of the Twin Cities.
The Red Wing Restaurant Challenge will provide selected restaurateurs with a package of financial incentives and professional support worth up to $40,000. The package includes:
$25,000 cash
Discounted rent
Radio and newspaper advertising
Accounting, legal and insurance services
Bank account and payroll help
Free energy audit
Red Wing Downtown Main Street, Inc.
"The only prerequisite is a love of food and a desire to help Red Wing open tasty restaurants," they said.
Market data from 2010 shows demand for restaurants and bars in Red Wing exceeded $30.5 million annually, but the establishments in downtown Red Wing have a current capacity of just $20 million.
Red Wing has the Mississippi River, beautiful bluffs, history and charm," challenge organizers said. Applications are due by May 15, 2014.
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