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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

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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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