Grumpies Bar & Restaurant
Price Reduced to $115,000 – Exceptional value with real estate, equipment, and owner's quarters.
Marketing description
Grumpies Bar & Grill presents a rare opportunity to acquire an established bar and restaurant property with real estate included for just $115,000. Located in Conrath, Wisconsin, the property consists of approximately 2,500 square feet on a one-acre parcel and includes a full-service bar, dining room, commercial kitchen, attached owners quarters, a modest surface parking area in front of the building, and additional street parking.
The customer-facing areas offer a welcoming atmosphere and continue to serve a loyal customer base, while portions of the living quarters and back-of-house areas would benefit from updating and modernization. The asking price reflects the opportunity for a new owner to invest sweat equity, improve the property, and create additional value.
Currently operating on a limited schedule, the business offers multiple avenues for growth, including expanded operating hours, additional gaming revenue, special events, catering, and menu development. With strong local recognition, an established reputation, and real estate included in the purchase price, this property is well-suited for an owner-operator, investor, or hospitality professional seeking an affordable entry point into the bar and restaurant industry.
Seller is retiring, creating an opportunity for new ownership to reposition and grow the business.
Investment highlights
• Value-Add Hospitality Opportunity – Customer-facing areas present well, while the living quarters and back-of-house spaces offer renovation opportunities for a new owner to create additional value.
• Real Estate Included – Approximately 2,500-square-foot bar and restaurant situated on one acre with ample parking and attached owner's quarters.
• Attractive Basis – Recently reduced to $115,000, providing a low-cost entry point compared to replacement cost.
• Established Community Presence – Long-standing local restaurant and tavern with strong name recognition and a loyal customer base.
• Revenue Growth Potential – Currently operating limited evening hours, creating opportunities to expand days of operation, add lunch service, host events, and increase overall sales volume.
• Gaming Expansion Opportunity – Additional gaming machines may provide a meaningful revenue enhancement opportunity, subject to licensing and regulatory requirements.
• Owner-Operator Friendly – Well-suited for a hands-on buyer willing to invest sweat equity in both the property and business.
• Retirement-Driven Sale – Seller retirement creates an opportunity for new ownership to reposition and modernize the operation.
• Existing Infrastructure in Place – Commercial kitchen, bar, dining room, equipment, and furnishings included in the sale.
• Rural Destination Appeal – Established dining destination serving local residents and visitors throughout the surrounding area.
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