HSC - Lakeside Restaurant/Bar & Music Venue

Iola, WI

Asking Price:	$695,000
Established Year:	2017

Real Estate:	$495,000

Listing ID: 2315995Listing provided by BizBuySell

BUSINESS DESCRIPTION

Iola, Wisconsin

On the shores of Lake Iola, The Thirsty Perch is a popular restaurant/bar and live music venue in the heart of Wisconsin. Well known for their delicious food including Friday fish fry and Saturday steak specials. The restaurant/bar building has a great view of the lake and opens up to the patio and “garage bar” creating a great summer live music/entertainment area.
Two separate buildings on 3 lakeside parcels allow for a wide variety of uses/events. The "Garage Bar" is a great spot for special events, benefits, banquets etc. The two full size garage doors open up to the patio area, making it perfect for summer afternoon live entertainment.

DETAILED INFORMATION

Location

Iola, WI

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

8,200

Employees

Facilities

Two buildings on 3 parcels. One building houses the main restaurant with seating overlooking the lake, well equipped kitchen, full bar and game/gaming room. Well maintained throughout, this building is the original restaurant & bar area. The "garage bar" was recently completed and opens up to a large patio overlooking the lake. A full bar, large seating area and it's own restrooms make this area ideal for any kind of event.

Competition

Growing sales annually, there is a steady clientele which supports the restaurant and bar.

Growth & Expansion

Opportunities for growth in both bar and restaurant expected. Increased bookings in the "Garage Bar" for private events can provide a large increase in sales.

Support & Training

The owners are willing to train to ensure a smooth transition to the new owner.

Reason for Selling

Owner health

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