HSC-Restaurant-Banquet Center & Lounge in Phillips, WI

Phillips, WI (Price County)

Seller Financing Available
HSC-Restaurant-Banquet Center & Lounge in Phillips, WI
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Asking Price: Get Financing: $265,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $60,000

Inventory: $23,000*

Real Estate: $200,000

Established: 1954

*not included in asking price.

HSC-Restaurant-Banquet Center & Lounge in Phillips, WI

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Business Description

The Bar/Restaurant/ Banquet Facility in Phillips,WI

Club 13 is “Events and Fun” Central to all its loyal patrons that visit this north central restaurant / bar / banquet center. Special events and promotions keep the excitement and sales up at this full-service business. A tasteful dining room seats 80, the cozy bar seats 40 and there’s room for another 120 in the banquet room.

Whether looking for a casual night out or a formal affair, Club 13 is sure to satisfy. The great menu of prime rib, shrimp and hand-cut steaks, along with great appetizers and pizza makes it a place for everyone and a sound business investment.

The snowmobile trails run right past the business. Club 13 promotes 20 - 30 events per year, and has an established staff.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,400
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,402 sq. ft., also includes additional 960 sq. ft. rental unit 2BR/1Bath
Competition:
Phillips, WI is home to several dining and drinking establishments. Club 13 is one of the few with the space to accommodate large groups such as weddings, etc.
Growth & Expansion:
Club 13’s facility is perfect for offering events and promotions, and a new owner should continue those for growth, along with possible outside catering The promotions and events make Club 13 a strong competitor in its market.
Financing:
To qualified buyers
Support & Training:
Sellers are open to training a new owner. Time is negotiable.
Reason for Selling:
Sellers have other business interests
Business Website:
http://www.club13online.com
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Contact the Seller

(from currently available funds)
 
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Rick Guntzel

Business Listed By:
Rick Guntzel

Hospitality Services Corp.

Show Phone Number

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Sponsoring Broker:
Jerry Vlaminck

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