1027 Very Profitable Multiple Retail Businesses Facility

WI

Seller Financing Available
Business Opportunity

Asking Price:$1,000,000

Cash Flow:$315,000

Gross Revenue:$1,360,000

EBITDA:$300,000

FF&E:$300,000

Inventory:$200,000*

Real Estate:$1,400,000*

Established:2007

*not included in asking price.

1027 Very Profitable Multiple Retail Businesses Facility

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Business Description

Very Profitable, well-established, multiple retail businesses with prime real estate in a high tourist area in northern Wisconsin for sale. This facility contains multiple recreational, restaurant, retail businesses and apartments. After years of hard work, and about 3 million dollars of equity capital improvements provided by the Seller, this business is now very well established and prosperous, boasts growing income with about $1.3 million revenue in 2015 and over $315,000 of owner’s annual earnings. Turn-key operation with everything needed for a new owner with no additional improvement or capital investment needed. Significant amount of growth and expansion opportunities to increase revenue.

Excellent opportunity for a 1031 Exchange transaction for a new owner.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
3 Full / 20 Part
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approximately 15,000 square foot facility on 1.5 acres with retail shops, restaurants, deli, pub, several apartments, and plenty of parking. Includes prime real estate located on a major transportation artery in a very popular tourism area. This is a quality, state-of-the-art businesses facility, aesthetically beautiful with a great location and a "ready-to-go" proven businesses that include very recent build-out improvements and equipment.
Competition:
Nothing else like this in the market.
Growth & Expansion:
Plenty of significant growth and expansion capabilities to more than triple the business revenue. Contact the Broker for details.
Financing:
Seller financing with qualified buyer
Support & Training:
Seller will train, transition, support the new owner.
Reason for Selling:
Retirement

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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