Bank Owned Rest/Bar Turn key

Two Rivers, WI
Manitowoc County

Asking Price: Annual Revenue:
$324,900 Not Disclosed

Commercial Real Estate: Retail & Shopping Centers

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RE: Bank Owned Rest/Bar Turn key Broker: John Foster

Quick Facts

Asking Price: $324,900
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1950
Employees: Not Disclosed
BBN Listing #: 675110986
Broker Reference #: C2301

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Business Overview:

FFE Appraised at $59,000!

Turn key restaurant and pub! Property is an excellent high-traffic location in the busiest part of Two Rivers Wisconsin. This bank owned property has been completely renovated and comes turn key with all business fixtures included.

The nearly 6,000 square foot property was built originally in 1950. This property was significantly and thoroughly renovated in 2015 to its present use as a restaurant and gastro pub. The entire main floor is heated, air-conditioned, and has a sprinkler system. There is a partial 2,822 square foot basement that is unfinished and used for storage as well as mechanicals.

The very large, high-capacity kitchen has modern equipment, purchased just six years ago. The sizeable bar and dining area seats well over 135 patrons. Property is located on a corner lot with a lighted pylon sign, parking for nearly 30 cars, green space, and a drive-through for carryout. There is also a large executive office for an owner or manager.

This is a great buying opportunity to purchase a turn-key property that has been completely remodeled and renovated just a few short years ago.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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