2236 Iconic Fine Dining Restaurant & Bar!

Not Disclosed, WI

Greater Madison / Surrounding Suburban Area


Asking Price: Annual Revenue:
$775,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 2236 Iconic Fine Dining Restaurant & Bar! Broker: Tim Bullard

Quick Facts

Asking Price: $775,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $159,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $400,000
Year Established: Not Disclosed
Employees: 22
BBN Listing #: 992422468
Broker Reference #: 4181-2236

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Business Overview:

Incredible Turnkey Opportunity to own this successful restaurant located in the outlying Greater Madison / surrounding suburban area! Fine Dining Restaurant & Bar with a cultural theme offers an excellent dining experience with a full bar that offers a wide variety of craft beers in a rustic old world setting. The hard work is done for you! This restaurant has developed an amazing reputation for quality food & great service over the last 30 years! They have developed an absolutely dynamite menu with favorites that keep customers coming back. They do absolutely NO ADVERTISING! Growth Opportunities abound for a new owner that wants to take this business to the next level! This opportunity has strong cash flow and several owner benefits! You will enjoy working with a tenured staff - a couple of whom could be promoted and trained to take over management responsibilities if new owner desires to be absentee.
The Seller is willing to negotiate a transition plan to the new owner.

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Property Features and Assets:

This historic building features a ton of Old World Charm which is described by their customers as quaint, warm, welcoming & romantic while it also boasts of a great bar that serves a hardy assortment of craft beers. There is an upstairs living quarters that you won't believe! Almost 2,000 square feet of amazing with a balcony that hosts a hot tub, outdoor fireplace, tv area and an amazing view!

Market Competition and Expansion:

Few Restaurants in the area compete for their business. While there are other places to grab a beer or something quick to eat, they truly have very little competition.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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