You have accessed this listing information from the VR National database through: This business is listed and represented by:

VR Business Brokers - Milwaukee West, WI
W229 N1433 Westwood Drive #106
Waukesha, WI 53186
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com
 

VR Business Brokers - Milwaukee West, WI

W229 N1433 Westwood Drive #106
Waukesha, WI 53186
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com

Business Listing Details

LISTING#:
4181-1601

M0100: Land & Commercial Property
1601 Supper Club with Bar and Hotel
LOCATION: Northern WI
  
ASKING
PRICE

$849,000
AMOUNT
DOWN

$849,000
REVENUES:
  
DISCRETIONARY
EARNINGS

TOTAL
ASSETS

$849,000
Do you want to enjoy the beautiful Northwoods lifestyle and be your own boss? This popular Wisconsin resort with supper club, well-maintained kitchen, full bar, and multi-room lodge offers the owner many sources of income. Both the lodge and supper club have an excellent reputation and the business cash flows nicely through most of the year to include the winter months, which is not true of most northern WI businesses. Further proof of profitability is that the owner currently operates this business as an absentee owner. A buyer in becoming an owner-operator could realize significantly more income.

With many recent upgrades and improvements, this business will provide a new owner limited reasons to improve the property out of the gates. Business is well-staffed with an outstanding and loyal team of employees.

Highlights:

• Seasoned Staff
• Current Ownership is Absentee
• Significant Historical Positive Cash Flow
• Living Quarters On-Site
• Loyal Local and Out-of-Town Customer Base
• Several Opportunities for Growth & Expansion
• Ownership willing to assist in transition
• An incredible platform for any restaurant entrepreneur who wants to build off a solid foundation!
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.