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Wisconsin Business For Sale |
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| RESTAURANT/BAR/ENTERTAINMENT |
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| Attn: Steve Swenson |
| Murphy's formerly Loui's in Dresser |
| Dresser, WI, USA |
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| Asking Price: |
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$975,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Bars, Clubs, Nightspots |
| Reason for Selling: |
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Divest of restaurant operations |
| Year Established: |
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1976 |
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Business for Sale Overview:
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This is a unique opportunity to purchase a legendary business in Burnett County! Originally known as “Loui’s” this was ‘the’ favorite nightclub for many years in the area featuring “live” music. In 1995 Owner totally remodeled it from the ground up! He spared no expense and turned it into 3 business’s in 1, that being a beautiful restaurant, a separate sports bar/ nightclub and a banquet facility that can seat 500. The interior is very contemporary and has the ambiance and decor similar to the nationally franchised restaurant “Champs”. Smoking is allowed in Wisconsin. No dram shop insurance- better rates. Over $1,4500,000 in value (land, building and equipment). On/Off Sale Liquor.
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Property Features and Assets:
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16,263 square feet on 3 acres with option on additional 3 acre parcel. |
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Market Competition and Expansion:
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Building and land was appraised at $1,000,000 in 2006. Furniture, Fixtures, and Equipment is in the $450,000 range. There is an additional lot available (3 acres) complete with city water and sewer. Burnett County continues to grow! This business is an icon in the area and very well established. There is no doubt that opening it again for business will bring the crowd right back. Business can easily top $1M in sales with the right owners. Sky is the limit!
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Additional Details:
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- The property is owned.
- The owner is not willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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