businesses for sale


Entertainment Complex with Real Estate for sale

Somerset Wisconsin Karaoke / DJ Service, more

Location: Somerset, Wisconsin

Category: Restaurants for sale

Asking price: $1,700,000.00

Description of the business for sale
Impeccably maintained entertainment complex with full service kitchen, lounge and game room. Also, has state of the art DJ and Karaoke system/dance floor. Property is situated at main intersection of downtown. Several parcels on land adjoin property with huge development potential. Has 2 apts above the business in near new condition.

GROWTH: Unlimited. This city is poised for explosive growth with new Hwy 64 just completed and a new bridge, since 2001 this city has exceeded all growth projections

COMPETITION: Although there are several eating/drinking establishments in town, this business is unmatched in it's variety of income generators.

ADDITIONAL FINANCIAL INFORMATION:
• Financing: Possible terms with seller financing.
• Inventory: $15,000.
• FF&E: $500,000.
• Real Estate: $1,200,000.

REASONS FOR SELLING: Retirement.

Support / Training provided by seller
30 days for new owners

Description of the facilities
Impeccably maintained 6,000 sq ft entertainment complex with full service kitchen, lounge and game room. Property is situated at main intersection of downtown. Has 2 apts above the business in near new condition.

  • By phone: 763-972-9077
  • Ask for: Jerry Vlaminck

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Business details

Hospitality Services Corp.
Delano, MN
Broker Co-op? yes

Listing Id: 85237
Reference Id:
Year established: 1945
Employees: 20

Asking Price: $1,700,000.00
Revenue: Call/Email
Annual Net: Call/Email
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale