Small, Quaint Tavern in Center of Town on the Wolf River!

New London, WI (Waupaca County)

Small, Quaint Tavern in Center of Town on the Wolf River!

Asking Price:$350,000

Cash Flow:N/A

Gross Revenue:$360,000

EBITDA:N/A

FF&E:$60,000

Inventory:$10,000

Real Estate:$176,000

Established:1960

Small, Quaint Tavern in Center of Town on the Wolf River!

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Business Description

Bar and Grill Riverfront New London WI

Tavern style bar & grill with seating for 15 at the bar and has an additional 40 seats with a DJ and karaoke stage. The back patio sits directly above the water. Catch walleye out the back door! The small kitchen behind the bar serves up burgers, sandwiches and appetizers.

Two additional apartments upstairs pay $1,200 per month in rent.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
1,500
Employees:
4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Building Size: 1,500 sq. ft. Lot Size: City Lot Sits right on the water!
Competition:
Market outlook is very good. New London is a growing community (pop. 7,300), located just half an hour from Appleton, WI.
Growth & Expansion:
New owner can add more items to the menu with slight equipment upgrade.
Support & Training:
Negotiable
Reason for Selling:
Other interests

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Jerry Vlaminck

Business Listed By:
Jerry Vlaminck

Hospitality Services Corp.

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