MLS Public Remarks Are you ready to step into a thriving bar & restaurant business? Look no further! This TURNKEY establishment offers an incredible opportunity to take over a well-established business. PRIME LOCATION: Situated in rural West side of Madison, it occupies one of the highest traffic corners in Dane County guaranteeing a steady flow of customers. ESTABLISHED REPUTATION: With a great reputation & loyal customer base, this establishment has consistently generated substantial income. FULLY EQUIPPED & TURNKEY: The property includes a large open bar with dining space, TVs for entertainment, a well-equipped kitchen, prep area, office space, and a banquet area & offers a complete turnkey business, ensuring a smooth transition, ready for you to start serving patrons from day one.
Location Town
Other Marketing Area
Mailing City Cross Plains
C/T/V Town
Unit #
Directions Mineral Point Rd West To Intersection Of P And Mineral Point Rd
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 1
Building Gross SqFt 4,460
Net Leasable SqFt 4,460
Year Built 999
Source for Year Built PubR
Approx Bldg Dimen 0x0
Street Frontage 270
Parking Fees/Mo. $0
Onsite Parking 36-55
# of Stories 1
Ceiling Height Min 8
Ceiling Height Max 16
Number of Loading Docks 0
Zoning B1
Est. Total Acres 2.55
Source Of Est Acres PubR
Lot Dimensions See Plat
Owner
Tradename Morgans Bar And Grill
Land Assessment $52,300
Assessment Year 2022
Net Taxes $4,310
Tax Year 2022
Improvements $218,700
Total Assessment $271,000
Income/Expenses Year $2,022
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
0 |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included All bar and restaurant fixtures and equipment for turnkey operation including: kitchen equipment and appliances, barware, tables, barstools, patio furniture, TVs, ATM, water softener
Items Excluded Entertainment & gaming equipment, electronic games, pool table, dart boards, jukebox, speakers. Food & Beverage inventory sold with Bill of Sale.
Heating/Cooling Central air, Forced air
Water/Waste Mound system, Well
Basement Partial
Fuel Natural gas
Seating Capacity 31-50 persons
Type Restaurant/Supper Club, Tavern
Exterior Treatment Wood
Building Parking 36-55 spaces, Gravel, Onsite, Paved
Roofing Composition
Terms/Option
Miscellaneous
Documents on File Property Condition Report
Location Corner, Free standing, Near Major Highway
Tenant Pays N/A
Present Use Tavern
Licenses Beer, Food, Liquor, Wine
Lease Type None
Occupied by Owner
Sale Includes Business name, Equipment, Furniture, Receivables, Signs
Features Private Restrooms
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Exp Realty, Llc
