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Home & Restaurant In The Heart Of Northern Wi
Location: United States -> Wisconsin -> Phillips
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A thriving business, with potential for growth, along with a large home for a great price.
Phillips Café & Catering business has been creating great customers and maintaining regulars alike for over 50 years, with a reputation for hard work, great service, excellent food and amazing hospitality.

Located in a market area of approximately 14,200, this beautiful 2,700 square foot space includes a fully stocked café, with newer and spectacularly maintained equipment (fully stocked kitchen, including 2 catering vans). Also included is an equally as large home, located conveniently above the restaurant. This 5-bedroom, full kitchen, one bathroom home would be great for yourself and is currently rented out for additional revenue.

Present owner is willing to train, mentor, and stay on during transitioning time.
Further information regarding revenues, etc. can be obtained by calling (608)515-3728.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $429,000
Cash Flow:   $62,443
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $81,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1935
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Current owner will stay on and assist during transitional period
Reason For Selling:  Don and Brenda, the restaurants current owners, are looking to retire from the business after 30 plus years and spend more time with family.

Photos

View Larger Photo(s) Of Business
Home & Restaurant In The Heart Of Northern Wi Photo 1 Home & Restaurant In The Heart Of Northern Wi Photo 2 Home & Restaurant In The Heart Of Northern Wi Photo 3




Print Listing Id: 700261177
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Wisconsin Businesses For Sale > Wisconsin Franchises For Sale > Wisconsin Business Brokers



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