Two Businesses in One, plus Living Quarters!

West Bloomfield , WI

Listing ID: N-1134172
Asking Price: $285,000
Revenue: $240,000
Cash Flow: $71,728
FF&E: $75,000 *
Real Estate: $232,600 *
Inventory: $25,000
* Indicates this value is included in the asking price. 
Agent: Jerry Vlaminck, Broker
Phone: 612-363-7456

Business Overview:

Located in WEST BLOOMFIELD, 5 miles south of FREMONT where the the famous Wolf River flows.¬†This business includes what I consider to be the nicest outdoor activities set up in the area, and has tight ties to the local community and tourists who visit regularly due to the high quality of their food and the great atmosphere. This business includes 1.8 acres of land, a HUGE fully enclosed and heated pavilion with a full bar, multiple volleyball courts, and several horseshoe pits. There are living quarters upstairs currently used as a weekly rental unit for hunters and a local business that includes two bedrooms, 1 bathroom, and a full kitchen. Included in the sale is another business attached to the facility. This is a commercial rental space on the opposite side of the building leased out to a hair / tanning salon generating guaranteed monthly revenue. All the equipment for this business is also included in the sale. There is a newer metal roof, a brand new furnace, and a huge septic system that is almost new as well. That’s over $75k in recent improvements to some of the most costly expenses for a property.

Reason for Selling:



Market Outlook / Competition:

While there are a number of bars and grills in the area, there are none that offer the complete package that comes with this business. The owners have shared that they offer some of the best food in the area, and have a loyal following. An operator coming in with the resources to increase advertising / host more events, and sponsor additional area activities could pull in more business from the surrounding area to the bar and restaurant sections of the business. There is little to no competition in the immediate area for large scale events, or competition with the ability to handle larger on site catering and outdoor live venue events.

Additional Details: