Thriving Western WI Bar & Grill w/Full Service Event Center

WI

Thriving Western WI Bar & Grill w/Full Service Event Center

Asking Price:$749,000

Cash Flow:$112,116

Gross Revenue:$630,000

EBITDA:N/A

FF&E:$131,138

Inventory:$16,000*

Real Estate:$550,000

Established:1996

*not included in asking price.

Thriving Western WI Bar & Grill w/Full Service Event Center

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Business Description

Thriving Western WI Banquet /Event center

Thriving Western Wisconsin Bar & Grill with the areas’ only
Full Service Event Center.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
12,000
Employees:
3 FT / 13 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This turn key operation is well established in the community and has a large draw with the tourists. This business includes the ONLY large full-service event center in the area, and has tight ties to the local community and tourists who visit regularly. This business includes 5 acres of land, a 350 to 400 person full service event center, a well maintained bar with a covered patio, outdoor activity areas, updated bathrooms, darts and other gaming, a very large parking lot, and living quarters (which can be used as a rental unit). The outdoor space includes a large area for relaxing and playing horseshoes, bags, and volleyball.
Competition:
While there are a number of bar and grills in the area, there are none that offer the complete package that comes with this business. The owners have shared that they offer some of the best food in the area, and have a loyal following.
Growth & Expansion:
There is ample room for expansion should a new owner wish to expand the building or outdoor areas. There is natural opportunity to increase sales through advertising locally to the lunch crowds, introducing delivery service, and catering for businesses in the area. There is also room for sales growth by increasing bookings in the banquet facility for special events, weddings, and live entertainment.
Financing:
possible carryback to help buyer attain financing
Support & Training:
60 Days transition and open to consulting longer for a fee.
Reason for Selling:
Retirement

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Jerry Vlaminck

Business Listed By:
Jerry Vlaminck

Hospitality Services Corp.

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