Business for Sale
Deli & Restaurant - Turn Key Opportunity - Milwaukee County - Very Profitable |
| Milwaukee County, Wisconsin |
| This well-established and very successful deli and restaurant in Milwaukee County is available for first time in 20+ years. Owners have a loyal customer base and have developed a reputation for fresh food and friendly service in a family atmosphere. Restaurant serves an average of 300-400 people per day plus approximately 5-6 deliveries. The list price includes the business, building, furniture, fixtures, equipment, and real estate. Restaurant can seat up to 77 inside with an additional 16 on the outside patio. There is parking for 30+ cars. Building has a 2nd floor apartment which is currently renting at $700 per month. The current owners only serve the lunch crowd and are not opened in the evenings or on Sundays. There is great potential to expand sales by extending operating hours and offering more deliveries. Owners do no advertising and rely only on word-of-mouth and repeat customers. This is a turnkey operation and an incredible opportunity for a new owner to step into a successful business. |
|
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Financials |
| Price: $625,000 |
| Gross Income: $388,149 |
| Cash Flow: $166,962 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $300,000 |
| Source Data: |
About the Business |
| Listing ID: #4181-270 |
| Year Established: 1971 |
| Financing: up to 50% |
| Training: Seller agrees to provide Purchaser with 3 weeks of training immediately following closing. The training will be for 4 days per week, with a maximum of 4 hours per day, at no charge to Purchaser. |
| Facilities: Restaurant is located in a quaint area nearby many large Milwaukee-area employers. The restaurant equipment is in very good condition. Large Deli case - 2 years old. Flooring behind deli case - 1.5 years old. Floor in kitchen - 1 year old. Stove - 1 year old. Flooring in kitchen - 1 year old. Roof on building - 4 years old. |
| Competition: Very little competition in the immediate area. Close to many large business parks. |
| Growth: Presently not open for dinner. This would increase sales because it is located near a large residential population and near several large business parks. |
|
| Business Listed By |
| Name: Tim Bullard |
| Company: VR Lakes Business Group, Inc. |
| Phone: 262-347-2083 |
|
| The information in this listing has been provided by the business seller
or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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