Listed by Re/Max Property Pros
$529,000
Established Restaurant with Over 25% Cap Rate
Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 6,000
Units 2
Cap Rate 32.17%
Occupancy 100%
Tenancy Single
Price per SqFt $90
Ownership Owner Operator
PROFITABLE Pizzaria and Restaurant with bar in WI Tourist town
Marketing description
Owner/Operator business and well known turnkey establishment in the heart of the Northwoods 4 season recreation area. KNOCKER'S, in downtown St. Germain, is a full service dining establishment with easy access to snowmobile and biking trails is now available for purchase. Immaculate and fully equipped kitchen. Recent improvements include updated restrooms. With both great seasonal and local clientele, this business has all the ingredients for continued success. Bar area has seating for 56 with the dining room providing seating for appox. 100. THREE YEAR AVERAGE CAP RATE OF 32.17% BASED ON P&L STATEMENTS.
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Listed by Re/Max Property Pros
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