Established Upscale Fine Dining N1058

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Restaurants & Food Businesses for Sale

  • Primary Category: American Restaurants for Sale

OPPORTUNITY SUMMARY
An independently owned premium steakhouse with over 30 years of continuous operation in the greater Milwaukee metropolitan area. Situated in an affluent suburban corridor, the business has built deep brand equity serving medical professionals, corporate executives, and occasion-driven diners.
Key assets include an award-winning curated 200+ label wine list, two semi-private dining spaces with a 20+ year corporate and celebratory event history, and a professional staff with exceptional tenure across multiple departments.
For an acquirer, this opportunity combines a loyal, high-income customer base with multiple revenue channels, experienced staff in place, and no franchise obligations.

INVESTMENT HIGHLIGHTS
• 30+ years of continuous operation, established brand recognition with a loyal, high-income customer base
• Prime location in Milwaukee's most affluent western suburban corridor serving high-density residential and professional demand
• Long-tenured professional staff with multiple team members at 20+ consecutive years of service
• Award-winning 200+ label wine list
• Two established semi-private dining spaces
• Independent brand, no franchise fees, royalties, or operational restrictions.

GROWTH OPPORTUNITIES
• Expand corporate private dining and event programming
• Add Sunday dinner and lunch service
• Structured digital marketing and online reservation integration to drive new customer acquisition

IDEAL BUYER PROFILE
• Experienced restaurateurs or regional hospitality groups seeking an established operating concept with proven demand
• Strategic operators targeting entry into the Milwaukee upscale dining market with experienced staff already in place
• Private investors seeking a cash-flowing hospitality asset with multiple revenue streams and clear growth paths

CONTACT
Steve Boylan
414-416-1024
[email protected]

Financial Information

  • $2,745,000 Asking Price
  • $755,547 Cash Flow
  • $3,833,421 Gross Revenue
  • N/A Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Wisconsin

Reason for Sale

  • Retirement

Detailed information

  • Year Established:
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: N/A
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $1,600,000
  • FF&E Included?: Yes
  • FF&E Value: N/A

Training/Support

  • Negotiable
Business Listed by
image of Broker Profile
Steve Boylan
Sunbelt of Milwaukee
Email Steve
Listing ID
BROOKWI001-59507

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