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Listed by:

Sunbelt of Milwaukee Jet Group

Independently Owned Restaurant & Bar In Wisconsin For Sale

Wisconsin, US
Asking Price:
$139,500 Furniture / Fixtures included
Sales Revenue:
$928,078
Cash Flow:
$43,671

- Fully turnkey
- Operating only dinner hours, room for growth with additional operating hours
- Remarkable reputation with a welcoming supper club vibe
- Real estate and assets have been well maintained
- Liquor license is transferrable

This independently owned, full-service restaurant offering classic American cuisine with a cozy and comfortable atmosphere and unique decor. Offering standout dishes and a fully stocked bar with a wide selection of cocktails, soft drinks, and wines. This is an excellent destination for all occasions from date night to a night out with friends.

This restaurant has a great reputation and is staffed with an exceptional, experienced, and loyal team.
Approximately 2,400 sq. ft. of space between the first-floor bar and restaurant and second floor dining room and bar. The owners pay themselves $36K in rent which would be in addition to the current cash flow figures with the purchase of the real estate.

This is an excellent opportunity to own a renowned fully equipped, historically rich business and building! Seller is ready to retire and will negotiate a reasonable transition period with new owner.

Ed Krajcir serves as the Managing Partner at Sunbelt Business Advisors of Wisconsin, with oversight of this listing facilitated by his M&A Advisor, Anthony Waite

Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $360,000.00
Real Estate Description:
Approximately 2,400 sq. ft. of space between the first-floor bar and restaurant and second floor dining room and bar.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: ON REQUEST
Owner worked hours per week: 15
Is Going Concern: Yes

Property Information

Size in square feet:
2,400

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 4, Part Time: 35
Years established:
20

Other Information

Support & training:

Negotiable

Financing available:

Downpayment Required: NEGOTIABLE