 Wendy
Lou's Sports Bar and
Restaurant with Banquet Room |
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Report Date: |
6/4/2008 |
Office Id# |
Pending |
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Location: |
Dresser, Wisconsin |
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Primary
Category: |
Restaurant/Bar/Banquet room |
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Click here to view photo's |
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Financial
Information |
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Asking: |
$975,000 |
Gross: |
$ Currently Closed |
Cash Flow: |
$ N/A |
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Furniture, Fixtures &
Equipment: |
$ 450,000 |
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Inventory: |
$ Currently
Closed (not included in
sale price) |
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Real
Estate: |
$ 1,000,000 (included in
price) Appraised '06 (land
and Bldg only) |
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Financing: |
Negotiable, make offer |
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Summary
Description:
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Beautiful
restaurant, a separate
sports bar/ nightclub and a
banquet facility that can
seat 350. The interior is
very contemporary and has
the ambiance and décor
similar to the nationally
franchised restaurant
“Champs”.
Smoking is allowed in
Wisconsin. No dram shop
insurance- better rates.
Over $1,4500,000 in value
(land, building and
equipment). On/Off Sale
Liquor. Too many
amenities to list them all. |
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General
Information: |
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Facilities: |
16,263 sq ft building on 3
acres with option on
additional 3 acre parcel |
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Competition: |
Burnett County
continues to grow! This
business is an icon in the
area and very well
established. There’s no
doubt that opening it again
for business will bring the
crowd right back. Business
can easily top $1M in sales
with the right owners.
Sky’s the limit! |
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Growth &
Expansion: |
You are within 1 hour of
Mpls and St. Paul. With gas
prices skyrocketing people
will be traveling less
distance for their
vacations, which makes this
a true destination spot for
the millions that live
within 60 miles of this
business. Trollhaugan ski
area is a mile away and Wild
Mountain ski area is within
5 miles. The “Gandy Dancer”
snowmobile and ATV trail
runs next to the property.
Business will do well year
around. A must see! |
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Support /
Training: |
Business is currently closed |
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Reason
Selling: |
Divest of Restaurant
operations |
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Employees: |
Currently closed |
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Contact
information: |
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Contact:
Steve Swenson |
Phone:
763.972.9077 OR 763-972-9080
Fax |
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Email:
hospitalityserv@frontiernet.net |
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Prospect Contact Options:
Require prospect's
name
Require prospect's
telephone number
Ask for prospect's
available funds
Ask for prospect's
time frame
Require prospect
submit standard
Confidentiality Agreement |
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