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31991065
31991060

W7120 County Road G, Conrath, WI 54731 For Sale

RG
WI 59429-90, MN 40812265
HSC Business Brokers
Listed by HSC Business Brokers
$79,900
85 days on market
Updated 6 days ago

Grumpies Bar & Restaurant

Details
Property Type Retail, Mixed Use (+1)
Sub Type Restaurant, Bar (+1)
Square Footage 2,500
Beds 1
Occupancy 100%
Tenancy Vacant
Price per SqFt $32
Class B
Year Built 1940
Year Renovated 2025
Acreage 1.000
Zoning Shoreland Commerical
Investment Type Owner/User
Ground Lease No

Real estate included. Reopen, reposition, or reimagine.

Marketing description

Grumpie's Bar & Grill presents an affordable opportunity to acquire a former bar and restaurant property with real estate included. Located in Conrath, Wisconsin, this long-standing establishment has served the local community for generations and continues to benefit from strong name recognition and a loyal customer following.

Due to the seller's age and health, the business is no longer operating, creating an opportunity for a new owner to reopen, reposition, or reinvent the property. The facility includes approximately 2,500 square feet of restaurant and bar space, seating for approximately 70 guests, a commercial kitchen, attached owner's quarters, and a one-acre parcel.

While portions of the property, particularly the living quarters and back-of-house areas, would benefit from updating, the customer-facing areas provide a solid foundation for future operations. Now offered at just $79,900, the property is priced for a quick sale and offers substantial value-add potential.

Investment highlights

Aggressively Priced at $79,900 – Real estate, furniture, fixtures, equipment, and owner's quarters included.

Value-Add Hospitality Asset – Former bar and restaurant property offering significant upside through renovation, repositioning, and operational improvements.

Real Estate Included – Approximately 2,500 square feet situated on a one-acre parcel in Conrath, Wisconsin.

Business Currently Closed – Due to the seller's age and health, a buyer should expect to relaunch operations under new ownership.

Existing Restaurant Infrastructure – Includes bar, dining room, commercial kitchen, walk-in cooler, furniture, fixtures, and equipment.

Owner's Living Quarters – On-site residence includes living room, bedroom, bathroom, and storage space.

Expansion Potential – Additional attic space may provide opportunities for expanded living quarters or additional storage.

Established Community Presence – Long-standing local gathering place with strong name recognition throughout the surrounding area.

Multiple Repositioning Strategies – Suitable for a bar & grill, tavern, supper club, event venue, or other hospitality concepts subject to local approvals.

Below Replacement Cost – Acquisition cost is a fraction of what it would take to develop a similar hospitality property from the ground up.

Opportunity to Add Revenue Streams – Potential for gaming income, special events, expanded food service, and other complementary offerings.

Ideal for Owner-Operators – Affordable entry point for entrepreneurs willing to invest sweat equity and create value.

Listing Contacts

RG
WI 59429-90, MN 40812265
HSC Business Brokers
Listed by HSC Business Brokers

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Additional Information

Name
Rick Guntzel
License
59429-90
Brokerage
HSC Business Brokers
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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