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VR Business Brokers - Milwaukee West, WI
Terrace Suite
N27 W23960 Paul Road
Pewaukee, WI 53072
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com
 

VR Business Brokers - Milwaukee West, WI

Terrace Suite
N27 W23960 Paul Road
Pewaukee, WI 53072
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com

Business Listing Details

LISTING#:
4181-328

C0930: Restaurants
Extremely Profitable Green Lake Area Supper Club
LOCATION: Green Lake Resort area
  
ASKING
PRICE

$397,000
AMOUNT
DOWN

$397,000
REVENUES:
  
$453,021
DISCRETIONARY
EARNINGS

$77,294
TOTAL
ASSETS

$340,000
This Business For Sale: A profitable Wisconsin Supper-Club in a major tourist/resort area featuring a spacious bar/lounge, a large dining room and ample off street parking. The building also contains (2) - 2 bedroom, 1 bath apartments downstairs which are currently rented out at $500/mo each or one/both could be used by the owners for living quarters. Sales price includes the 1.7 acres, building and equipment and everything you will need to be your own boss. This supper club is the busiest place to eat around the area.  Sales in 2009 are steady in a bad economic environment. Turn-key operation, owners want to retire.  For sale by VR-Lakes Business Group by business broker, Tim Bullard.   
 
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.