~Upscale Casual Restaurant/Sports Bar
Report Date: 2/12/2008 BizBuySell Add #: 360807
Location: Western Wisconsin
Primary Category: Bar, grill, restaurant

Financial Information

Asking: $ 745,000 Gross: $ 780,000 Cash Flow: $ 120,000
Furniture, Fixtures & Equipment: $ 200,000
Inventory: $ 12,000 (not included in sale price)
Real Estate: $ 800,000
Financing: New Financing, make offer
 
Summary Description:
Two distinct concepts in one building, a must see. The kitchen is fully equipped and updated.  The facility is full sprinkled.  Very popular patio seats 25, fully fenced.  Check out the dining room and sports bar with games that include darts and video poker.
 
General Information:
Facilities: 2,661 sq feet on each floor on 41,557 sq ft lot
Competition: Although Western Wisconsin has several eating and drinking establishments, this business has multiple revenue generators that continue to build sales and profits.
Growth & Expansion: Border bars have had a surge in sales since Minnesota went non-smoking.  Also, food and liquor sales are up.  St. Croix County is the highest growth area of Wisconsin.
Support / Training: Restaurant has full management staff in place.  Owner could proved 2 weeks of training/consultation.
Reason Selling: Owner needs to run other business
Year Established: 1980
Employees: 2FT/21PT
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
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