Bayfield Wisconsin Area Restaurant/Bar
Not Disclosed, WI Not Disclosed
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- RE: Bayfield Wisconsin Area Restaurant/Bar
- Contact: Steve Bragg
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $568,218 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $146,758 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | $184,000 | |
| Year Established: | 1956 | |
| Employees: | 8 | |
| BBN Listing #: | 988950 | |
| Broker Reference #: | 11811 SLB JH |
Business Overview:
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).
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Reason for Selling:
Other interestsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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