Established Bar / Restaurant

Wausau, WI
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Asking Price:$450,000
Gross Revenue:$1,217,122
Rent:$6,000
Cash Flow:$199,759
Inventory:$16,500
FF&E:$200,000
BUSINESS DESCRIPTION

Owner Retiring! The owner of a well-established bar / restaurant is wishing to retire and pass along his legacy business to the next operator. Well respected in the community with a warm and inviting atmosphere that is perfect for any occasion. Whether a customer is looking to catch up with friends, enjoy a delicious meal, or simply unwind after a long day, this establishment is the place to be.

Indulge in their mouthwatering menu that caters to all taste buds. Pair your meal with their extensive selection of craft beers and specialty drinks. This establishment is not just a place to eat and drink, it is an experience. The friendly and attentive staff go above and beyond to ensure a guest’s experience is memorable.

The company has had a strong history of profitable sales and has returned strong from COVID. This b business is turnkey and ready for the next operator to start turning a profit from day 1. Sale includes dba, FF&E, and long-term lease with renewals. A signed Non-disclosure agreement required for more information.


DETAILED INFORMATION
Location
Wausau, WI
Inventory
Included in asking price
Real Estate
Leased
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business has shown a proven track record of growth and recovered nicely from COVID in 2020.
Competition
As in all businesses there is competition. However, the City of Wausau does not have any more liquor licenses available wi9ht out the operator paying a large fee. This tends to keep the under financed operators out of the bar / tavern business.
Growth & Expansion
Expanded hours is one area for growth in sales. Owner ahs cut back on hours because of a growing family. The Wausau Area is continuing to show growth.
Reason for Selling
owner retirement
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Tim
Wimmer
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Tim Wimmer