106 Wolf River AveNew London, WI 54961-1469

For Sale
$1,100,000

Established Business, High Cash Flow, Wisconsin

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents the chance to acquire the fully operational Hilby's Restaurant & Sports Bar, complete with a 12-lane bowling alley. Located at 106 E Wolf River Avenue in New London, Wisconsin (54961-1469), this well-established business boasts a strong positive cash flow, serving hundreds of customers daily. The property includes a full bar with over 100 seats overlooking the bowling alley, which benefits from a loyal clientele. A new roof was installed in 1998. Additional features include a party/meeting room, multiple pool tables with established leagues, numerous game machines, and locker rooms with recently updated fire alarm and HVAC systems (2022). The sports bar, constructed in 2011, offers seating for 100+ patrons, with TVs strategically placed throughout. Further amenities include an additional party room, a smokers' lounge, and a fully equipped kitchen known for its excellent food and beverage offerings. Ample parking is available, with over 70 private spaces supplemented by ample street parking. The asking price for this turnkey operation is $1,100,000. Direct inquiries to the seller at the business location are discouraged. This is a rare chance to own a thriving, multifaceted entertainment venue in a supportive community.

Highlights

  • $1,100,000 asking price.
  • Special purpose property, land, commercial other subtype.
  • Located at 106 E Wolf River Avenue, New London, WI 54961.
  • Includes Hilby's Restaurant & Sports Bar with bowling alley.
  • Established business with positive cash flow.

Location Insight

City
New London
County
Waupaca
State
Wisconsin
Latitude
44.390508
Longitude
-88.7391006
106 Wolf River Ave, New London, Wisconsin

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106 Wolf River Ave
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