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Tracks Bar and Family Dining

Spooner, WI (Washburn County)

Seller Financing Available
Popular Family Restaurant
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Asking Price: $429,000

Cash Flow: $50,460

Gross Revenue: $547,525

EBITDA: N/A

FF&E: $38,000

Inventory: $22,000*

Real Estate: $297,650

Established: 2005

*not included in asking price.

Tracks Bar and Family Dining

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Business Description

Sellers pending retirement is your opportunity to own one of the most popular restaurants in Washburn County. Tracks is a wonderful family restaurant open from 11:00 am to close seven days a week. Restaurant offers the best home cooking, full salad bar for lunch and dinner, famous Friday Night Fish Fry and nightly specials. The sale include the real estate, all furniture fixtures and equipment and features a 2 bedroom 1 bath rental home on site for added income. .

Attached Documents


Detailed Information

Location:
Spooner, WI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,750
Employees:
6-12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Attractive, well maintained facility with many recent improvements including new roof and air conditioning. All furniture and fixtures included in the asking price. 2 bedroom 1 bath cabin on site currently rented. Could be owners residence.
Competition:
This is a rare find. Family restaurant open 7 days a week for lunch and dinner. Salad bar and soup daily. Very popular.
Growth & Expansion:
Other menu items would be introduced. Weekend breakfast or Sunday brunch would be enormously attractive for residence and visitors.
Financing:
Land Contract to Qualified Buyer.
Support & Training:
Training is available by owner and employees to assist in transition. Sellers son and daughter currently run the restaurant and would be willing to stay on if requested.
Reason for Selling:
Retirement
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Business Location


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(from currently available funds)
 
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Charles Feather

Business Listed By:
Charles Feather

Feather Real Estate Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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