Popular Northwoods Bar & Restaurant (ID: 1126766)

FINANCIAL DETAILS
Asking Price: $550,000
Gross Revenue: $555,000
Cash Flow: $82,000
Inventory: n/a **
Real Estate: n/a ++
FF&E: n/a **
Business Listed by Michael J. SchwantesCreative Business ServicesView All of My Listings
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Business Description

The Bear Bar Restaurant & Lodge is known for being one of the premier northwoods restaurants. This 8,000-square foot restaurant and bar is situated on approximately 6 acres of land, providing ample space for expansion. Includes 60 feet of frontage on South Turtle Lake!

The bar seats 16 patrons on high-back stools. The main dining area has 23 tables, accommodating 80 patrons. The private dining room has 9 tables and can seat 40 patrons. There are numerous POS stations throughout the dining and bar areas. The facility has a modern, high capacity kitchen and features 1 wood burning fireplace and 2 gas fireplaces.

Because the current owners have done so much in terms of updating and preventative maintenance, this is a perfect business opportunity for a new owner.

About the Business

Year Established: 1968
Number of Employees: 17
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