Fine Dining Restaurant
Location Wisconsin,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1230000
Net Profit / Cash Flow $170000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1979
Number of Employees 20 - 34
Inventory 250000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Included
Reason for Sale Retirement
Description Renowned Milwaukee County Restaurant; best in class opportunity. The business, property, building and equipment are all in top notch condition and routinely maintained. Pride of ownership is apparent and steady clientele are the proof.
Steady revenues for that past 48 months with nearly 14% SDE, proves this is an established business. This fully turnkey operation only requires limited owner involvement. This fine dining establishment is open evenings and has created a special niche market with a strong customer base. Opportunity to add lunch or other options to increase market share await the new owner.
The bar and restaurant is rated at 184 people yet is designed to provide intimate dining, plus there is an outdoor patio for dining al fresco.
The building is nearly 5,600 square feet with ample parking located just off of one of the busiest intersections in Milwaukee County. Yet the location is amidst vintage buildings and in a village type atmosphere.
The business neighbors are of similar stature but do not compete and provide a cross market of customers.
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