Bar Harbor Supper Club on Gull Lake!
| Asking Price: | $4,500,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Located in the heart of the beautiful Brainerd Lakes Area, Bar Harbor Supper Club has established itself with a long history as a highly desirable destination for casual dining in a unique nautical atmosphere. The current Bar Harbor facility opened in 2004 and incorporates the history and style of the former buildings, including the Cape Cod design of the original building. With its premier location on Gull Lake, Bar Harbor also accommodates customers arriving by boat with docking facilities for up to 32 boats. This new facility is a 7,579 square foot restaurant constructed with a nautical theme throughout that features the long history of Bar Harbor. There is also a full basement for storage. With a seating capacity of approximately 230 indoors and about another 100 on the patio, Bar Harbor is now able to handle the current demand and is prepared to service the anticipated continued growth of the Brainerd Lakes Area. This established business offers an excellent opportunity to own an award winning restaurant with a premier location that draws customers from throughout the Brainerd Lakes Area.
About the Business
Year Established:1938
Employees:70 full time - 30 part time
Facilities:Restaurant: Approximately 7,579 square feet Patio Bar: Approximately 166 square feet Staff House: Approximately 1,140 square feet Garage: Approximately 640 square feet Sits on a 5.5 acre parcel with 702' lake frontage on Gull Lake. Home & excess Land with potential for additional development, estimated at a market value of approx. $750,000
Market Outlook and Competition:Although there are a variety of dining options available in the Brainerd Lakes Area, it is perceived that most of the restaurant's competitors are complimentary to the business, because the overall effect on the market is to attract more people to the area. Key growth opportunities would be: additional development of the site, expand breakfast and brunch and convert garage to liquor store.
About the Sale
Reason For Selling:Pursue other interests. Retiring.
KEYWORDS: Bar Harbor, Supper club, restaurant, Brainerd, Nisswa, Lakeshore, Brainerd Lakes Area, Gull Lake, Lake Margaret, Zorbaz, Gull channel, Gull Lake Chain, golf courses, northwoods, bar, patio, docks, outside seating, inside seating, catch of the day, sea food, lobster, steaks, award winning, nautical theme, cape cod, Big Bar Harbor, Little Bar Harbor, boats
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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