Bar and Grill w/ real estate western WI.

TYPE OF BUSINESS: Bar & Grill w/ real estate western WI. Family-owned business was established over 27 years ago and is a staple in the community. The current owner has operated the business since 2004. The bar area includes five very profitable gaming machines and pull tabs. Restaurant serves breakfast, lunch and dinner seven days a week. There is tremendous potential to increase sales and profits by maximizing catering. This business is located approximately 45 minutes east of

St. Paul Mn.

 

FACILITY: The Business operates in approximately 3,100 sq. ft. building with a large, covered patio and plenty of parking.

 

EMPLOYEES:  2 owners, works approx. 20-30 hours per week, 23 part-time employees and 4 full-time. The business is fully staffed with dependable employees.

 

GROSS SALES/CASH FLOW: Comparing 2021 sales to 2020 sales (through September) 2021 is over $104,000 from 2020!  Cash flow to an owner operator is over $70,000. Gross sales for 2020 were $384,734 and 2019 were $505,377. They are projecting 2021sales will be over 2019 sales!

 

ASKING PRICE: The owner is asking $238,000 for the business, which includes furniture, fixtures, equipment valued at $72,000. Inventory valued approximately $11,000 is not included.  $240,000 for the Building, Property (includes a garage for storage and a separate parking lot). This is a turnkey operation and an outstanding opportunity for someone who is tired working for someone else.

 

REASON FOR SALE:  Retirement.

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About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to identify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 30 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 30 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.