Freestanding building - 33 min SW of Hayward

Spooner, WI

Listing ID: 1596295
Asking Price: 99,000
Revenue: $380,000
Seller Financing: Open to offers
FF&E: $100,000 *
Inventory: $15,000
* Indicates this value is included in the asking price. 
Agent: Dan McGuire, Sales Executive
Phone: 763-999-1285

Business Overview:

Price Reduced! Family Restaurant has been a
pillar in the Spooner Community since
2014 providing hearty meals in a relaxing
atmosphere to locals and tourists alike, 33 min SW of Hayward.
Within walking distance of Economart and
Shopko. Serving breakfast/lunch/dinner
daily 7am to 8pm. Popular dishes include:
Chicken dumpling soup, burgers, Country
Fried Steak and cinnamon french toast.
Beer & Wine available. Nearby lakes,
trails and railroads. HWY 63 traffic counts
10,100 vpd. Owner has other interests at
this time. Staff 6 FT/3 PT. Sales continue to grow.
Business and equipment included in sale
w/ opportunity to purchase real estate for
an additional $525,000. .77 acres 55
parking stalls.
– Year built 1985 (formerly Hardees) and
remodeled in 2011
– Rent $3,200/month net (taxes $7,400
annually) tenant to maintain property.

– 3,964 sq. ft. / Freestanding building
– FF&E $100,000 / Seats 127
– Inventory $15,000 counted at closing and
not included in the asking price
Patron review: “Great atmosphere, great
service, good food, inexpensive prices”

Reason for Selling:

other interests


3964 sq. ft. freestanding buidling on .41 acres, 55 parking stalls, full kitchen and seating for 127

Market Outlook / Competition:

Yes, but this is a great location in front of Economart and Shopko w/ lots of traffic.

Additional Details:

Opportunity for wholesale, catering and delivery growth and expanding on menu items.