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BUSINESS FOR SALE - PROFILE #  4181-493

#493 Country Sports Bar and Grill
Dodge County
Asking Price: $240,000   Down Payment: $240,000  
Gross Revenue: $118,829   Adj. Cash Flow*: $1,269  
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Executive Summary
One of the classic rural Wisconsin Bar and Grills that is still up and running strong in these times of "The Franchise".  Situated at a busy intersection just miles from downtown, this is a high traffic location.  The business is located on approx. 1.8 acres with a beer garden, outdoor stage, volleyball court- which needs updating, horseshoe pits and more than ample parking.  Snowmobile trails from 2 counties come right to the door.  Nice, clean and modern restrooms help to make it a local favorite.  Back by popular demand is the Friday night Fish Fry.  Sales were impacted in 2009 due to the absentee owner, but are now bouncing back.  They run specials every night and have poker nights as well.  Lots of potential for new blood! Real Estate valued at $218,300. Included is a 2-bedroom, 2 bath apartment upstairs for an owner to reside in or rent out for more income. This is a must see- price just lowered.  Seller is motivated and will consider funding a strong buyer.  Please call VR at 262-347-2083 for all the complete information. 

Acquisition Highlights

  • Country Sports Bar and Grill that is ready to be taken over by a new owner with fresh ideas and good attitude. Darts, pool and poker leagues all here!
  • One cook on staff- operated by one owner, and occassionally his wife helps part time. Bartender every other Friday night. Part time waitress available as needed.
  • Previous years were good, 2009 were low as owner went to Vegas for the year. Since he came back, he added the Friday night Fish Fry and wants to work on increasing sales. There are poker machines and an ATM for added income.
  • Frame building. Situated on busy highway, just outside of the downtown area. Property located on 1.8 acres with a beer garden, outdoor stage, horseshoe pits and there is a volleyball court that needs some attention. Lots of opportunity and property to expand. The 3840 sq ft building includes a 2 br, 2 bath upstairs apartment for rent or to live in.
  • Long standing local watering hole. Locals say they can't remember it NOT being there!
  • Financing Information:  Seller will consider financing a good buyer
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1930 Inventory:
Furniture, Fixtures & Equipment: $30,000 Included
Real Estate: $218,300 Included
Building Sq Ft: 3840 Other: $30,000 Included
    Total Assets Included in Sale: $278,300
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Timothy Bullard
Phone:  (262) 347-2083
Fax:  (262) 347-2090
Other:  (630) 300-4777
E-mail:  timb@vrbizlakes.com 		VR Business Brokers - Milwaukee West, WI
Terrace Suite
N27 W23960 Paul Road
Pewaukee, WI 53072
www.vrbizlakes.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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