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Rick's 45 Roadhouse is the perfect turnkey business

Antigo, WI (Langlade County)

Rick's 45 Roadhouse is the perfect turnkey business
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Asking Price: $395,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Rick's 45 Roadhouse is the perfect turnkey business

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Business Description

Rick's 45 Roadhouse is not the typical country bar out in the middle of nowhere. It's in the perfect location for a Wisconsin northwoods bar. LOCATION. LOCATION. LOCATION. Only one mile north of Antigo, Wisconsin on Highway 45, which makes it easy to find for the locals and the tourists alike. A great one day ride for motorcycle and car enthusiasts from the areas of Wausau, Appleton, Green Bay, Madison and Milwaukee. Which is why it is one of the best Poker Stops for Hog chapters and car clubs. Rick's 45 Roadhouse is right on the snowmobile trail and during the season it is one of the best stops in the Northwoods.

Rick's 45 Roadhouse is a bar that is a successful business that continues to grow its revenue year after year. It has established a strong brand recognition with a logo that is easily recognizable, it has an established website, and a large following on its Facebook page. It is also a valued business to the area , and is well known for its cleanliness, wonderful bartenders, ice cold beverages, tasty bloody marys, and delicious food.

Rick's 45 Roadhouse is the place to be every Monday through Friday for its "Happy Hour" from 3pm to 6pm. Tuesday nights are a favorite because of Trivia Night. Wednesday nights during the summer there is volleyball and Wii-Bowling on the big screen TVs during the winter. Thursday nights are very popular because of Half-Price Wings. Friday is the time to enjoy a great Fish Fry Sandwich Basket. Sunday nights during the summer is an in-house volleyball league.

Each year Rick's 45 Roadhouse is the host to the Bike and Car Blessing, the Father's Day Car & Bike Show, Hot Rods and Hogs Poker Run, and the Halloween Costume Party.

The owner of Rick's 45 Roadhouse has created a complete turnkey business that continues to grow financially year after year. The US Department of Commerce statistics show that 65–90 percent of start-up businesses are no longer in business after five years. If you buy a successful existing business there is a 90–95 percent chance that the business will still be in business after five years.
Now is the right time to be your own boss!

Detailed Information

Location:
Antigo, WI
Real Estate:
Owned
Building SF:
2,388
Employees:
7
Facilities:
Facilities: Approx. 2,500 sq ft building with full basement, walk-in cooler, on-site office, new HVAC, newer steel roof, party room, covered deck, and heated smoke room. Blacktop parking in front with ample parking in back for RVs or vehicles w/trailers. Assets: Matching bar stools, large and small pub tables, flat screen TVs, outdoor tables, top load beer coolers, Broaster VF3 deep fryers, charbroiler, pizza ovens, microwaves, prep table, worktop refrigerator, worktop freezer, upright freezer, chest freezers, ice maker, security system with cameras
Competition:
Rick's 45 Roadhouse has always maintained a strong hold on the local market. There are other bars and eating establishments in the area, but Rick's 45 Roadhouse stands out because it has a terrific combination of great customer service, fun events, cleanliness, unique ambiance, eye grabbing curb appeal, and a great location.
Growth & Expansion:
Rick's 45 Roadhouse is located on a state highway, which averages over 5,000 vehicles per day that drive by. Each one is potentially a new customer. Fresh signage and curb appeal has always resulted in new customers. Expanding the actual size of the building could result in a bigger kitchen with more customer seating. Rick's 45 Roadhouse is situated on 1.5 acres of land in the country, which means there is plenty of opportunity for things like horseshoe pits, music stages, camping, cabins or just more parking. The room for growth is there.
Support & Training:
The entire wait staff has agreed to stay on. Everyone is fully knowledgeable and has great soft skills that keep the customers coming back. The general manager will stay on if wanted by new owner. Owner will provide up to 80 hours of training if necessary. This business is ran very well because of well defined processes and established Standard Operating Procedures.
Reason for Selling:
Owner lives in Florida and wants to devote more time to other business ventures.
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(from currently available funds)
 
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Jason Bailey

Business Listed By:
Jason Bailey

The Platinum Group, Ltd

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