Milwaukee - Waukesha, WI Business Brokers
Price: $2,800,000
Location: SE Wisconsin
Listing ID: 4102-18430
Listing Status:
One of the finest supper clubs in the Greater Milwaukee area is for sale. Buying a restaurant that has consistent revenue for 20+ years is a golden opportunity. This impressive financial track record showcases its stability and profitability, making it a low-risk investment. The restaurant's loyal customer base ensures a steady revenue stream, while the dedicated staff and great location add to its operational strength. Known for its amazing food quality and exceptional service, it has built a strong reputation that drives repeat business and attracts new patrons. The owner's commitment to reinvesting in the business means that all furniture, fixtures, and equipment are modern and well-maintained, reducing immediate capital expenditure needs. Overall, this restaurant represents a thriving business with a solid foundation for continued success.
The business has a full time front end manager and a part time manager that assists the owner in running the business. The owner works about 25 hours a week.
Buyers will be required to sign a Confidentiality Agreement and provide proof of financial capability. This can be through a personal financial statement, statements from a financial institution, or a letter of recommendation from a bank.
Seller owns the building through a separate LLC and the business leases the building from this LLC. Owner is willing to sell the real estate (talk to broker for details) or sign/transfer the lease with a buyer to satisfy any lenders.
Price includes inventory, all furniture, fixtures, and equipment. Company has 40 employees. Real Estate is not included.
Owner has reinvested $255,000 back into the business since 2022 (a full list of new equipment and updates is provide in the offering memorandum.
Total Sales: $3,796,685
Cash Flow: $837,668
FFE: $300,000
Inventory: $90,000


