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- RE: Steakhouse For Sale Greater Milwaukee Area
- Contact: Patrick McAdams
Quick Facts
| Asking Price: | $2,800,000 | |
| Annual Revenue: | $3,833,420 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $804,551 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $230,941 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 40 | |
| BBN Listing #: | 949419 | |
| Broker Reference #: | 4102-18430 |
Business Overview:
The Opportunity A rare opportunity to acquire a premier, high-margin hospitality asset in a strategic Milwaukee-area corridor. After decades of success, the owner’s retirement makes this "trophy" business available for the first time in a generation. This is not a turnaround; it is a meticulously managed, "lifestyle-balanced" operation that consistently generates top-tier margins ($650k+ EBITDA) on a limited operating week.
Operational Excellence
Institutional Revenue Moat: In addition to high-end floor sales, the acquisition includes a long-standing, high-margin consulting agreement with a nearby institutional partner.Â
Superior Labor Retention: The business is renowned for its "lifestyle" schedule, resulting in an elite staff with nearly zero turnover—a significant competitive advantage in today's labor market.
Recession-Proof Location: Situated at a high-traffic junction near major business campuses, the business benefits from a constant influx of high-net-worth professionals and interstate travelers.
Investment Highlights
Turn-Key Management: The owner works only 20-25 hours per week, supported by a seasoned management team and standardized operational systems.
Clean Financials: Immaculate books and records prepared for seamless buyer due diligence and SBA/Traditional financing.
Growth Potential: While currently optimized for lifestyle, the infrastructure supports expanded hours or premium event catering.
Confidentiality & Next Steps To protect the staff and the brand's prestige, the name and location will only be disclosed to qualified principals. Potential buyers must execute a Non-Disclosure Agreement (NDA) and provide a summary of financial capability.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Seller owns the real estate through a separate LLC. The business operation leases the building from this related 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.
Assets = $320,941
Market Competition and Expansion:
There are three possible avenues to expand the business. Owner is happy to discuss these options for growth with potential buyers.
Reason for Selling:
Retirement and to work on real estate holdings. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Wisconsin businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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