Restaurant - Iconic Super Club Bar - Own a piece of history N948

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Restaurants & Food Businesses for Sale

  • Primary Category: American Restaurants for Sale

- 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

Financial Information

  • $139,500 Asking Price
  • $43,671 Cash Flow
  • $928,078 Gross Revenue
  • Negotiable Down Payment

Business Location

  • City: Confidential
  • State: Wisconsin

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2004
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 4
  • Part-Time Employees: 35
  • Contractors: N/A
  • Owner Worked Hours/w: 15
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Inventory Value: On request
  • Monthly Rent: On request
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $360,000
  • Building Size: 2400
  • FF&E Included?: Yes
  • FF&E Value: On request

Training/Support

  • Negotiable

Real Estate Description

  • Approximately 2,400 sq. ft. of space between the first-floor bar and restaurant and second floor dining room and bar.
Business Listed by
image of Ed Krajcir
Ed Krajcir
Sunbelt of Milwaukee
Show Phone Number
Listing ID
BROOKWI001-53503

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