Asking Price: $649,000 Gross Revenue: $600,000Cash Flow: $125,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $75,000 included in asking priceReal Estate: $559,400 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Cheers Bar & Grill has something for just about everybody. Located in the heart of the Tagalong Golf & Resort on Red Cedar Lake in Birchwood, Wisconsin just 20 miles NW of Rice Lake.
Cheers Bar & Grill has two facilities located on 2 acres. The main chalet in nestled in a beautiful century old golf course. The 11,200 square foot space serves both the bar/restaurant and pro shop. The lower level holds a modest sized banquet room for 50 and plenty of storage space. The beautifully manicured lawn provides tent space for up to 400 for outdoor weddings/events.
The real attraction in the summer is the Pump House on Red Cedar Lake. With space for 20+ boats and patio seating for 50+. It's a local favorite.
Give me a call or send an email to schedule a walkthrough!
Beautiful Bar/Restaurant in Golf Resort with Lakeshore
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. See our
full Terms & Conditions.