Unique Opportunity! Great Location! Price Drop!!

Ellis, WI


Listing ID: 1105305 N
Asking Price: $ 165,000
Revenue: $115,297
Cash Flow: $45,098
FF&E: $60,000 *
Real Estate: $187,900 *
Inventory: $20,000
* Indicates this value is included in the asking price. 
Agent: Dan McGuire, Broker
Email: jerry@hscbrokers.com
Phone: 612-363-7465

Business Overview:

The Last Lap is a unique bar and grill located just outside of Stevens Point, WI.

Full kitchen serves up great appetizers and burgers, sandwiches and daily specials, and, of course, the famous Friday Fish Fry.

This establishment has a rich and strong history in the community and is a central gathering spot for all the seasonal outdoor and indoor leagues.

This bar & grill enjoys great local traffic and is situated on the city’s main highway, with a large traffic count.

Business includes a large apartment for owner’s living quarters  ~ or additional income!!


Reason for Selling:

Other Business Interests

Facilities:

3,700 sq. ft. on major highway with great visibility and access. Right on intersection corner with great access and parking ~~21 ft X 21 ft Garage

Market Outlook / Competition:

An operator coming in with the resources to start advertising could pull in more business from the surrounding area especially for special events, and live entertainment. Revenues have the potential to see rapid and significant increases through expanded hours of operation, as well as increasing league days for darts, pool, and volleyball. Additional potential exists through the addition of outdoor winter leagues such as snow football and flooding the volleyball court to create ice rink related winter leagues. There are several other establishments in the area which complement each other and create a destination for bar hopping.

Additional Details: