Property summary
This established bar and grill in Glidden, Wisconsin, presents a fantastic investment opportunity. Priced at $209,000, this 3,600 square foot property boasts a classic tavern atmosphere with beautifully maintained woodwork and several recent renovations. The efficient kitchen, attached to the bar, is easily managed by a single person. An included efficiency apartment offers potential owner/manager housing. The property features an outdoor bar area perfect for summer events, and enjoys a strong year-round clientele thanks to pool leagues, karaoke, tournaments, and banquets. Its convenient location off the highway, near the Chequamagon-Nicolet National Forest, attracts customers from various recreational activities, including UTVs, snowmobiles, and bicycles. The business includes pool, darts, and gaming machines, contributing significantly to its solid income stream. Merchandise sales featuring the bar's logo offer additional revenue potential. Current staff are open to continuing employment, and the current owners are available to provide training during the transition. A county grant may be available to assist with the down payment. The property is available for occupancy on April 1, 2024. This turnkey operation offers a very reasonable asking price with a solid cash flow and significant room for growth.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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