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Lake Front Restaurant

Walworth County, WI
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Asking Price:$1,100,000
Gross Revenue:$650,000
Established Year:2019
Cash Flow:$650,000
Real Estate:$900,000
Listing ID: 2267326Listing provided by BizBuySell
BUSINESS DESCRIPTION

1.8 Acres of Lakefront. Year round restaurant with pier rentals and 2 apartments. West facing, beautiful sunsets. All restaurant equipment is owned except for dish washer and iron filter. Includes all kitchen equipment, grill, fryers, oven, pizza oven, 500lb ice maker, pizza dough mixer and roller, walk in cooler. Full new septic and kitchen waste system in 2021. New decks and patio. 6 piers with 24 rentals. 12 spots are leased through 2027. Brand new piers in 2023, 6 60 foot piers. Plenty of room for expansion. Successful top line business only open 3 1/2 days per week. Building and land are separate from the restraint but looking to do a deal for both companies. Tons of renovations including new roof over restaurant in 2020 and party room expansion. Gambling revenue as well.

DETAILED INFORMATION
Location
Walworth County, WI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Employees
14
Facilities
All assets included including kitchen, bar coolers, chairs, and all assets. Seating for 100.
Competition
Current target customer is upscale tavern dining to the lakes community.
Growth & Expansion
Room for growth in to banquet hall and kitchen expansion.
Financing
Open to creative solutions
Support & Training
I am a local small business man that lives local and willing to transition and it is important that this business thrives as it is the anchor property to the community.
Franchise
This business is an established franchise
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Listed By: Not Disclosed