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Downtown MKE Restaurant and Event Space for Sale in Downtown Milwaukee Area
| Reference #: |
4181-637
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| Location: |
Downtown Milwaukee Area
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| Price: |
$699,000 |
| Amount Down: |
$350,000 |
| Revenues: |
$1,515,000 |
| Discretionary Earnings: |
$959,000 |
| Total Assets: |
$150,000 |
| Business Description: |
Downtown Area Restaurant with old world charm, global fusion cuisine and soaring revenues; this is a best in class opportunity. The property, building and equipment are all superior condition and routinely maintained. Pride of ownership is apparent and only the best is selected in every aspect of the business. This restaurant, bar and event space integrates modern distinctions amid the characteristic Milwaukee Cream City brick walls providing a new, yet comfortable and familiar feel. With sky lighting, antique finish fire places and unique local artwork, this opportunity has a stylish yet preserved look. The first floor is used exclusively for restaurant and bar patronage and the second floor is available for special functions both private and public. This business is located in a Lease building situated in a downtown setting with more than 5,000 vehicles per day and steady foot traffic. The business neighbors are of similar stature, and provide a cross market of customers. The present lease is favorable and includes rear parking for the staff, upper deck for the event space, and side-walk seating in the summer. The 1895 structure is 5,600+ square feet two story Historic building. The structure is divided into various rooms/areas for the various operations of the business, including, but not limited to; kitchen, office, storage, bar service, dining, and event space. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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