1601 Supper Club with Bar and Hotel in Northern Wisconsin

  • Engagement Number : 1601
  • Title: 1601 Supper Club with Bar and Hotel in Northern Wisconsin
  • Location: Northern Wisconsin
  • Asking Price: $890,000
  • Gross Sales: $600,000
  • EBITDA:  $65,400
  • SDE : $74,900
  • Real Estate: $750,000 (included in asking price)
  • Industry : Restaurant

Do you want to enjoy the beautiful Northwoods lifestyle and be your own boss? This popular Wisconsin resort with supper club, well-maintained kitchen, full bar, and multi-room lodge offers the owner many sources of income.  Both the lodge and supper club have an excellent reputation and the business cash flows nicely through most of the year to include the winter months, which is not true of most northern WI businesses.  Further proof of profitability is that the owner currently operates this business as an absentee owner.  A buyer in becoming an owner-operator could realize significantly more income.

 

With many recent upgrades and improvements, this business will provide a new owner limited reasons to improve the property out of the gates.  Business is well-staffed with an outstanding and loyal team of employees.

 

Highlights:

 

  • Seasoned Staff
  • Current Ownership is Absentee
  • Significant Historical Positive Cash Flow
  • Living Quarters On-Site
  • Loyal Local and Out-of-Town Customer Base
  • Several Opportunities for Growth & Expansion
  • Ownership willing to assist in transition
  • An incredible platform for any restaurant entrepreneur who wants to build off a solid foundation!

Financial Summary

 
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Cost of Goods Sold
Gross Margin
Operating Expenses
Net Profit (tax return)
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Owners Benefits (Add Backs)
Discretionary Earnings