Well Established Sports Bar and Grill

La Crosse, WI
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Asking Price:$175,000
Gross Revenue:$800,000
Rent:$3,500/Month
Established Year:1992
Cash Flow:$88,000
Inventory:$18,000
FF&E:$60,000
BUSINESS DESCRIPTION

Remaining Lease (Mar 2025) included in purchase price

Prime location for Sports Bar and Grill right across the street from the local University and football field and field house. Known for great food and is a local game day tradition. Well established events throughout the week.


ATTACHED DOCUMENTS
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2021-pnl.pdf.pdf Download
2020-pnl.pdf.pdf Download

DETAILED INFORMATION
Location
La Crosse, WI
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
14/03/2025
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Included in price is the remaining lease term; lease includes 2 five year extensions and right to buy building if owner sells. Price includes all furnishings and fixtures including tables, chairs, TVs, back office equipment, kitchen equipment (except the hood system), and POS system (Toast). Building owner (Landlord) "owns" the name but we have the right to change the name, building owner owns the standup bar cooler and the old underbar cooler and the tap line system. All equipment has been on a maintenance schedule and in good working operation.
Competition
The Eagles Nest is across the street from UWL's Mitchell Hall and football field. We have outstanding relationships with sports teams and parents/kids. The Grandview Emerson Neighborhood is one of the more affluent and vibrant neighborhoods in the city of La Crosse, WI.
Growth & Expansion
Expansion of hours/menu; more active on-premise owner/operator
Financing
Remaining lease payments included in purchase price
Support & Training
Owner has other ventures and will provide support and training during off hours for 1 month.
Reason for Selling
Other businesses to concentrate on.
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Tim Hesse
Tim Hesse