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Asking Price$1,195,000
Revenue$1,200,000 Established2002
Cash Flow$150,000 EmployeesUndisclosed
FF&E$250,000* FranchiseNo
Inventory$20,000 RelocatableNo
Real Estate$1,379,000* Home-basedNo
* Included in Asking Price
Bug-A-Boo Bay is a beautiful island themed restaurant/bar/nightclub 2 hours NW of the Twin Cities, includes lake frontage and 16 docks on lake Le Homme Dieu, $70,000 in updates in the last year.  Multifaceted property with great d├ęcor, in very good condition.  Dining area seats 142, bar area seats 69, a great outdoor deck will seat 150+, and the game room holds 63.  This business is the premier eating and drinking spot on the lake, and a favorite of locals and weekenders alike.  Full Kitchen produces a great menu with something for everyone with appetizers, sandwiches, signature burgers and dinners.
Facilities:Attractive restaurant/bar areas inside and outside with updated decor and seating. Very clean and fresh. New patio overhead door combines indoor and outdoor spaces. Totally turnkey operation. Previously sold for 1.9 million in 2010. 3.22 acres W/255 lake frontage. Great tourist area. Premier fishing ,boating, and recreation area. 9,860 sq. ft. of indoor space, also has outdoor bar and best patio in area!
Competition:Pizza/bar themed restaurant adjacent to property. Both concepts complement each other and create a place for patrons to visit each business.
Growth Potential:Property and facility can be changed to any concept along with catering capability, possible to change to national chain to create more year-round sales.
Training/Support:Seller willing to train new owner ...flexible length of time
Seller Financing:$200,000 down with new bank financing
Sale Reason:Semi-retirement
Ad #69487
Seller Reference #1112008
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Jerry Vlaminck
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