Iconic Supper club w/ real estate. $250K of cash flow/only $100K down.

WI

Seller Financing Available
Iconic Supper club w/ real estate. $250K of cash flow/only $100K down.
Contact Seller

Asking Price: $600,000

Cash Flow: $248,694

Gross Revenue: $876,164

EBITDA: N/A

FF&E: $30,000

Inventory: $12,000

Real Estate: $350,000*

Established: 1950

*not included in asking price.

Iconic Supper club w/ real estate. $250K of cash flow/only $100K down.

Save Print Share Valuation Report

Business Description

Iconic 70 year-old supper club for sale with real estate. Business is located in a popular tourist area in NW Wisconsin. The business has been in the seller’s family for over 30 years and they are planning a relocation. Sales and profits have been on the rise. Systems are in place to run the whole operation. This is a great business for someone who wishes to get out of the rat race and own a business in a fun area surrounded by boating, fishing and hunting among other great activities. This is a very popular ATV and snowmobiling area as well and the business does well in both the winter and summer months. The restaurant seats about 100 in the dining area plus an additional 25-30 in the bar area. There is ample parking for all guests and the business is just a ¼ mile off the main highway and very easy to find. There are numerous trained employees in place along with a floor manager for the front of the house to assist the new buyer. Sellers are very organized and have running the business very systemized and easy to transition. SBA Bank financing is in place and the business have been pre-approved for a buyer with experience in the industry with only 100k down. Seller will help train and transition the new buyer as needed.
Note, the business is being sold for $600,000 and the real estate is being sold for $350,000. The business and real estate provides $283,694 of cash flow available to service the debt.
Please contact Matt Schroder at 651-288-1629 or Peggy Demuse at 651-288-1627

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,380
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
SBA and Seller
Reason for Selling:
relocating
Contact Seller

Contact the Seller

Contact Seller Loading

Sunbelt Business Brokers and M&A Advisors

Business Listed By:
Sunbelt Business Brokers

Sunbelt Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1670349 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Smokin Oak Wood-Fired Pizza

Franchise Opportunity In WI
Cash Required: 150000