Bar and Grill with C-Store with gas and campgrounds
Report Date: 11/28/2007 BizBuySell Add #: 347279
Location: Foxboro, Wisconsin
Primary Category: Bar/Grill
 

Financial Information

Asking: $ 425,000 Gross: $ 800,000 Cash Flow: $ 110,000
Furniture, Fixtures & Equipment: $ 80,000
Inventory: $ 10K, bar/store, $30K gas (not included in sale price)
Real Estate: $ 300,000
Financing: $ 100K down with owner financing
 
Summary Description:
Great combination of food, liquor, gas, mini-mart and campsites.  Video poker machines bring in close to $5,000/mo, so there is the mortgage payment right there. Business is the DNR registration spot for game and are also the UPS drop off center for the area. Includes campground with a covered outdoor BBQ facility for summer parties.  Great burgers and smoking is permitted.
 
General Information:
Facilities: 4,200 sq ft on 9.7 acres
Competition:

Business is located 28 miles south of Duluth-Superior where you’ll find all the Wal-marts, Targets and stores to shop.  Even though you are up in the North Country, you’re just a short drive to the city. This would be a great place for a Sportsman who would like to get away from the rat race of the City and move up to God’s Country! Here you have the best of it all: Fishing in the spring/ summer, Hunting in the Fall, Snowmobiling/ Ice Fishing in the Winter. Tourism year around.

Growth & Expansion:

Owner bought this place 15 years ago and never looked back,  because of recent family health issues, owner has decided to sell his profitable business, retire and enjoy life with family. Owner has kept the place immaculate and has many functions going on year around.  The adjoining gas station and convenience store will keep you busy. Business is midway between Danbury and Superior, so many customers stop for gas or just to stretch and buy some snacks or a burger.

Support / Training: 30 days for new owners.
Reason Selling: Family health issues, retirement
Year Established: 1950
Employees: 5 FT
 
Contact information:
Contact: Steve Swenson Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
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