Steakhouse/Supper Club for Sale Greater Milwaukee Area

Wisconsin
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Sale Pending
Asking Price:$2,700,000
Gross Revenue:$3,682,166
FF&E:$88,828
Cash Flow:$714,632
Inventory:$110,000
Established Year:1995
BUSINESS DESCRIPTION

One of the finest supper clubs in the Greater Milwaukee area is for sale. Buying a restaurant that has consist revenue for 20+ years is a golden opportunity. This impressive financial track record showcases its stability and profitability, making it a lower-risk investment. The restaurant's loyal customer base ensures a steady revenue stream, while the dedicated staff and great location add to its operational strength. Known for its amazing food quality and exceptional service, it has built a strong reputation that drives repeat business and attracts new patrons. The owner's commitment to reinvesting in the business means that all furniture, fixtures, and equipment are modern and well-maintained, reducing immediate capital expenditure needs. Overall, this restaurant represents a thriving business with a solid foundation for continued success.

Buyers will be required to sign a Confidentiality Agreement and provide proof of financial capability. This can be through a personal financial statement, statements from a financial institution, or a letter of recommendation from a bank.


DETAILED INFORMATION
Location
Wisconsin
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,375
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller owns the building through a separate LLC and the business leases the building from this LLC. Owner would like to assign the current lease and then provide any extensions that may be needed to secure financing for a buyer.
Growth & Expansion
There are three possible avenues to expand the business. Owner is happy to discuss these options for growth with potential buyers.
Financing
Lender pre-screened with $460K down.
Reason for Selling
Retirement and to work on real estate holdings.
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Patrick
McAdams
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Patrick McAdams