Remarks

Up for public auction on January 28th, 2025 is a well-established business bar/lounge & restaurant. Wendelin 2.0 offers over 3,000 square feet of total space. Business comes with the home beside it that has been rented by the same renters for over 17 years. Currently this home brings in $6,000 per year of added income. Lots of storage space in the basement including a walk in freezer & 2 walk in coolers. 2 men's & 2 women's restrooms. Many updates include large dining area, dance floor and patio that was added in 2005. New compressors in the coolers in 2021. Updated wiring, well pump & paint in 2023. New ice machine & pizza oven in 2024. Hot water heater in 2021 & Culligan reverse osmosis system in 2022. A/C unit & furnace both updated in the last 15 years. Micro Matic & Nitrate beer systems installed in the last year at a cost of over $20,000. Bar stools were just recovered & new stainless steel prep table installed this year. All equipment (with the exception of leased equipment & personal items) will stay with the business. Games & some TV's are leased by J&S electronics. Pepsi items are supplied & owned by Pepsi but will stay with Wendelin 2.0 as long as new owners continue with Pepsi products. Full liquor license transferable to the new buyer - (D1 & D2 & D3 & D3A). All food inventory will stay with the business. This is a great opportunity to own your own business and be your own boss. Owners are very motivated and Wendelin 2.0/house is for sale & owners will entertain any serious offers prior to the auction. This turn-key business has a great revenue flow. Income will be shared with potential buyers with non-disclosure signing. Call today to set up a private showing & start your journey to owning your own business.

Details

MLS#: 1035726
Price: $895,000

Sq Ft: 2016
Year Built: 1947

County: Mercer
Lot Size: 142 x 90
Tax Fee: 1769