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Highly Profitable, Established Restaurant
Location Wisconsin,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1521903
Net Profit / Cash Flow $339931
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 35 - 49
Inventory 585000
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Training Owner will train the buyer at no cost for 4 weeks.
Reason for Sale Other business interests.
Description This listing is for a popular and highly profitable restaurant located in the Milwaukee suburbs. The business is well-established and offers a buyer a substantial financial benefit of over $300,000 per year. Their menu consists of top-quality, yet affordable steaks & chops, chicken specialties, seafood dishes, pasta and more. The restaurant features the main dining room that seats approximately 200+ guests and a banquet room for private parties that can hold about 300 guests. Both the dining room and the banquet hall are very appealing and feature beautiful decorations and furniture. Their ability to hold outstanding private parties in their banquet room brings in a great deal of revenues on top of their stellar daily business. The business has a very large base of customers and an outstanding reputation in its marketplace. Also, in addition to the extremely high owner benefit, over $2,800,000 in assets are to be transferred with this business including the prime real estate and memorable building. This restaurant sees a great deal of customers every year and doesn't look to be slowing down any time soon. If you would like more information about this great business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $3,650,000.
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