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- RE: Restaurant - Iconic Super Club Bar - Own A Piece Of History N948
- Contact: Ed Krajcir
Quick Facts
Asking Price: | $139,500 | |
Annual Revenue: | $928,078 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $43,671 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $360,000 | |
Year Established: | 2004 | |
Employees: | 4 | |
BBN Listing #: | SB-53503 | |
Broker Reference #: | BROOKWI001-53503 |
Business Overview:
- 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
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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