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Asking Price: $699,000

Restaurant Real Estate for Sale in Racine Only $699,000

Racine, WI
Racine County

Restaurant Real Estate for Sale in high traffic area in Racine Wisconsin. This Wisconsin restaurant for sale in the bustling commercial area of Northern Racine offers the perfect opportunity to turn that dream into reality. Set on a spacious 1.6 acres of prime real estate, this turn-key property is fully equipped and ready to open its doors to new ownership within weeks. Why spend months waiting to get started when you can purchase this restaurant and be in business for yourself by next month?Derangos Pizza Palace opened its doors in 1977 serving quality Italian cuisine to diners. Now, it's time for a new generation to take over this Restaurant Real Estate for sale. Keep the current concept or bring in something completely new. What do you want to own? With over 5000 square feet of space you have room to build out a sports bar, night club, diner or any restaurant concept.New builds are expensive and you can be taking a big risk. This restaurant real estate for sale offered by We Sell Restaurants is already built out with equipment ready for you to turn the key and start serving your product. Many new owners face delays in acquiring equipment, finding the right space, and dealing with unexpected expenses. These hurdles can leave aspiring restaurateurs broke and frustrated while trying to launch their business, increasing the risk of failure before they've even begun. With this Wisconsin restaurant for sale, you skip all those potential roadblocks and can hit the ground running. The kitchen is already fully outfitted with top-of-the-line equipment, so you can focus on what really matters. Your Customers!Racine is a prime location for launching a successful business, offering a vibrant community and a strong local economy where this restaurant real estate for sale is located. Situated in a busy commercial district between Chicago and Milwaukee, this property boasts unbeatable visibility and accessibility, ensuring a steady stream of customers. Racine's growing population, diverse demographics, and proximity to Lake Michigan make it an ideal city for both local diners and out-of-town visitors. With major infrastructure improvements and new developments happening in the area, the city is attracting more residents and tourists, which bodes well for your new restaurant.While Derangos pizza palace has scaled back its hours in recent years, this restaurant real estate for sale is currently run primarily by family and friends, the potential for growth is immense. In its peak years, this establishment generated nearly $2 million in sales annually. Even with its reduced operating hours, it still pulled in approximately $700,000 last year. With the right vision and management, there's no reason why this restaurant couldn't return to its former volume or even surpass it.The 1.6 acres of commercial restaurant real estate for sale provide ample space for expanding or reinventing the business. Don't miss your chance to own a piece of Racine's thriving commercial scene at a great value. Financing options are available for the right buyer. Whether you're an experienced restaurateur or someone with big dreams and a passion for the food industry, this is your chance. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Cash Flow Not Disclosed
Revenue $695,243

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