PRICE REDUCED Bar~Grill~Living Quarters~Includes RE (ID: 1093771)

Seller Financing Available!
Asking Price: $275,000
Gross Revenue: $300,000
Cash Flow: Not Disclosed
Inventory: $15,000 **
Real Estate: n/a ++
FF&E: $100,000 ++
Business Listed by LISTING BROKERHospitality Services Corp
Contact Broker:Jerry VlaminckHospitality Services CorpView All of My Listings
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PRICE REDUCED Bar~Grill~Living Quarters~Includes RE
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Business Description

Bar & Grill is a well established near Phillips, WI. Provides private parties and has a full kitchen/bar to accommodate its customers. Large parties are also nothing out of the ordinary. Recently renovated inside and out, this establishment is completely turnkey for whoever is lucky enough to purchase it. The bar area is complete with a pool table, darts, and gaming machines, while the outside enjoys horseshoe pits and a volleyball court; At this Bar and Grill there is never a lack of entertainment. Great signage and lots of parking make this an ideal spot for someone looking for a great investment.
•Beautiful 2 bed/1 bath living quarters
•Real estate included - approximately 2.5 acres
•Video gaming machines bring in roughly $12,000 additional income yearly
•Snowmobile trails bring in great winter business
•Private parties: out-building with garage door & additional storage can cater to groups of 60+
•New septic and pump system installed last year

About the Business

Year Established: 1940
Number of Employees: 2ft/5pt

Facilities: 3,250 sq ft Includes Real Estate on 2.5 acres Living Quarters

Market Outlook/Competition: This is a prime spot for someone with some enthusiastic marketing ideas; ideal for an owner operator because it comes with living quarters. One could try and get more business from the younger demographic by promoting better and more frequent bar events and specials. Potentially creating pool and dart leagues could also be beneficial. The location of this bar is spectacular, and combined with the large recreational area outdoors, this place is just waiting for the right person to come in and drive business! Great! Has a great customer following being in business for 6 years. This area also enjoys lots of vacationers and outdoorsmen in both the winter and summer. The potential to acquire new business is limitless as well.

About the Sale

Reason For Selling: Retirement

Training/Support: Negotiable

Seller Financing: cash or new financing

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