Offered for sale is an established Wisconsin casual family dining restaurant located on a major Wisconsin highway between Milwaukee and Green Bay. This turn-key business opportunity includes the building, fixtures, equipment and everything needed to operate the business. Online bidding opens October 30th with bidding set to close on Wednesday, December 18th. Owner is selling for retirement reasons.
Interested parties may qualify for a walk-through / preview by submitting proof of funds letter to Jones Auction & Realty, LLC. In order to not disrupt staffing and daily operations, previews are only scheduled for Monday mornings from 7:00am to 8:30pm (CT) with a minimum of 24-hours notice by calling (920) 261-6820 to schedule. Financial information can be shared at this time.
This Washington County pub and restaurant employs about +/- 30 employees and has (3) bars with seating, casual outdoor seating and upstairs / downstairs seating. There are two (2) food service lines: one for special events and a second for preparation and regular service. Located on a busy Wisconsin freeway with high visibility, there is enough parking with over 140 spaces available and on 2.75 acres.
Established in 1985, currently thought of as a traditional pub-style restaurant with old-world traditional flavor and style. Lunch and dinner are served 6 days a week Tuesday through Sunday. Soups, salads, burgers, steak and seafood are part of the large menu and the Friday night fish fry and Sunday brunches typically sell out.
The restaurant features a lower level private hall that seats 5-55 guests and includes a private bar. There is also a seasonal outdoor garden with its own private bar that seats 50-225 guests. Special events are always welcome.
Qualitied bidders (those with bank letter verification of funds letter on file) are invited to schedule a preview / walk through on Monday mornings from 7:00am to 8:30am by calling Jones Auction & Realty, LLC at (920) 261-6820. Walk throughs are scheduled during the Monday morning time slot in order to not disrupt employees or daily restaurant operations.
TERMS: Bidding Requirements and Terms & Conditions apply to any offer. Starting bid of $500,000.00 with $25,000 increments up to $1.5 million and $10,000 after. 8% buyers fee: high bid plus buyer's fee equals total offer to purchase price. Sellers has the right to accept, reject or counter any offer. $50,000.00 earnest money due with offer to purchase. Business assets and real estate property sells in its entirety and sells As Is, No Contingencies/Exceptions. Inspections are welcome, but seller will not accept offer with any contingencies.
Wisconsin Registered Auction Company, Jones Auction & Realty, Auctioneer Stan Jones, CAI, WRA #993
Stan Jones
Jones Auction & Realty Service, LLC
