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Restaurant & Bar in Oneida County

• Fully turnkey • Real Estate price below appraised value • Reputable name with long and rich history • Quality food with unique menu offerings • Additional income from residential rental unit above property • Opportunities for growth and expansion Want to escape the city life and enjoy the simple, beautiful Northwoods lifestyle? This is the perfect location for a Wisconsin Northwoods restaurant, located along a popular state highway in Northern Wisconsin, it’s easy to find for the locals and the tourists alike. Their loyal and affluent customer base spends their summers vacationing here and the residents give you year-round business. This is an excellent opportunity to own a fully equipped, profitable, family run restaurant and bar. Approximately 5,000 sq. ft. first floor has the bar and restaurant with the office and residential rental unit on the second floor providing an additional 900 sq. ft. of space. Full bar, booths and tables in the spacious separate dining room, game room, large kitchen with well-maintained equipment and many recent upgrades and improvements such as new gas fireplace in dining room. This restaurant has a great reputation and is staffed with an exceptional and experienced and loyal team. Owners are actively involved in the daily operation of the business; however, staff is in place and capable of taking over the day to day responsibilities. Their unique menu sets them apart from the minimal local competition. This is an excellent investment in a very historically rich business and building! An absolute must see if you’re looking to get in the restaurant industry. Business: $295,000 Real Estate: $380,000


Listing ID:
N826
Industry:
Restaurant & Bar
Location:
Wisconsin > Oneida
Revenue:
$668,864
Business Price:
$295,000
SDE (Cash Flow):
$179,363
Listing Agent:
Jim Gaulke
Reason for selling:
Personal

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