Highly Rated Northwoods Restaurant

Boulder Junction, WI (Vilas County)

Highly Rated Northwoods Restaurant

Asking Price:$458,000

Cash Flow:$82,000

Gross Revenue:$340,500

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:N/A

Highly Rated Northwoods Restaurant

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Business Description

The Granary Restaurant is located in Boulder Junction, one of the most popular destination locations in Northern Wisconsin. The current owners have successfully made this restaurant the number one breakfast location in the region, as noted by Trip Advisor. The restaurant is open for breakfast and lunch from 6 AM until 3 PM Monday to Saturday and Sunday from 6 AM until 2 PM. This assures the owners of their fair share of personal time to enjoy the Nothwoods! However, a new owner may elect to stay open through the dinner hours which would likely increase sales by a minimum of $200,000 annually.

The 1.5-acre parcel encompasses both the 4,000-square foot restaurant and the 1,000-square foot single-family home.

The restaurant is well laid out and has been meticulously maintained and is beautifully decorated in a Northwood's theme. The three-season room is very popular in the summer and has a seating capacity for 32. The main dining area comfortably seats 45 people and the overflow/banquet area seats an additional 70 people. The kitchen is well laid out and is capable of producing a high volume of output. There is adequate freezer and cooling locations. There are four full-time employees in addition to the two owners. The business has a license to sell both wine and beer.

If you're looking for the joy of restaurant ownership and yet still maintain a “normal life” with normal work hours, this is your opportunity.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A

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Michael J. Schwantes

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Michael J. Schwantes

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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