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Wisconsin Business For Sale |
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| SPANISH CUISINE WALKER'S POINT RESTAURANT |
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| Attn: Tim Bullard |
| Don Quijote |
| Milwaukee, WI, USA |
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| Asking Price: |
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$125,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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retiring |
| Year Established: |
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1993 |
| # of Employees: |
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4 |
| Yearly Revenues: |
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$146,364 |
| Yearly EBITDA: |
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$20,405 |
| Yearly Gross Income: |
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$146,364 |
| Monthly Payroll: |
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$286 |
| Total Debt: |
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$80,561 |
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Business for Sale Overview:
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A Spanish cuisine restaurant in Walker's Point. The Don Quijote was founded in 1993, moved to Walker's Point in 2003. The main dining room features sky lights, seats 48 with a outdoor porch that seats 20, the bar seats 9 with tables that seat 12 and an outdoor terrace that seats 28. This is a beautiful restaurant that opens at 5PM and closes at 11PM. If a new owner would open earlier and stay open until 2AM they could more than double or triple the income.
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Property Features and Assets:
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A great building in Walker's Point decorated with Spanish tile with a great porch and terrace for outdoor seating. Walker's Point is a hot, up and coming area in Milwaukee just blocks south of the Third Ward and two blocks east of the 4th street Mexican restaurant area. This is a great bar and restaurant waiting for a new owner to take advantage of this hot location. |
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Market Competition and Expansion:
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This restaurant is located in Walker's Point a exciting bar and restaurant area. The current owner is open limited hours, 5PM until 11PM. If a new owner opened earlier and stayed open until 2AM they could more than double or triple the income. Walker's point is blocks from the Third Ward, and 2 blocks east of the Mexican restaurant district. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is a distressed business or bankruptcy situation.
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