Cash Flow of $437K! Outstanding Historic Bar & Grill

Hayward, WI (Sawyer County)

Cash Flow of $437K!  Outstanding Historic Bar & Grill

Asking Price:$1,550,000

Cash Flow:$437,676

Gross Revenue:$1,741,327

EBITDA:$437,000

FF&E:$150,000

Inventory:$20,000*

Real Estate:$800,000

Established:1936

*not included in asking price.

Cash Flow of $437K! Outstanding Historic Bar & Grill

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Business Description

CASH FLOW near $500,000 in NW Wisconsin

One of NW Wisconsin's premiere destinations. This historic bar & grill has a history all its own. Located in the center of a busy tourist destination that has attractions in all four seasons. Great food in a welcoming and relaxed atmosphere. Increasing sales with fantastic cash flow, yet business has tremendous upside for the new operator. Truly a once in a lifetime opportunity to own a piece of Northern Wisconsin's history, along with a fantastic business and profitability.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
18-27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Main floor is 5,600 sq. ft., patio is 1,500 sq. ft., basement is 3,237 sq. ft. Located on a city lot. Lots of upside to this one. part of facility only used 20% of the time .Huge upside in sales with remodel
Competition:
There are several other eating and drinking establishments in the area that complement one another to create a destination for tourists and locals alike. Market outlook is outstanding. Area continues to see increasing tourist counts from both Minneapolis and Chicago areas.
Support & Training:
30-60 days for new owner.
Reason for Selling:
Retirement

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Jerry Vlaminck

Business Listed By:
Jerry Vlaminck

Hospitality Services Corp.

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