Restaurant/Bar - 11811
Price
$495,000 (Business & Real Estate)
Description
Bayfield Wisconsin area restaurant & bar with busy summer tourism and snowmobile seasons. Has seen significant growth in 3-year period and continues to grow annually 25 – 30%. Sales are 75% food and 25% liquor. On-site housing for staff/owner in 2-bedroom apartment recently remodeled with attached 4 car garage, plus addition added to building in 2024. Completely re-painted, new gutters, mini split, refrigeration, furnace unit, electrical wiring and flooring. A must stop for people visiting the South Shore of Lake Superior. For more information, contact Steve Bragg at 218-663-7682 (sbragg@boreal.org) or James Hammer at 612-720-5539 (jhammer@calhouncompanies.com).
Listing ID
11811
Value From Year
2024
Cash Flow
$146,758
Value of Real Estate
$184,000
Equipment Price
$75,000
Gross Sales
$568,218
Reason for Selling
other interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
69
Full Time Employees
2
Part Time Employees
6