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Top Waterfront Seafood Restaurant
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| Status: |
Available |
| Listing ID#: |
662234 |
| Listing Type: |
For Sale - Business Only |
| Property Type: |
Restaurants |
| Location: |
53203 Wisconsin |
| Asking Price: |
USD 425,000 |
| Down Payment: |
100000 |
| Gross Income: |
2236875 |
| Cash Flow: |
225369 |
| Furniture, Fixtures & Equipment: |
250000 (In Lease) |
| Inventory: |
20,000 |
| Lease: |
15,000/mo |
| Seller Financing Available: |
Yes |
| Financing: |
$100K down |
| Reason Selling: |
Divest of Restaurant operations |
| Year Established: |
2010 |
| Facilities: |
8,000 sq ft |
| Competition: |
Milwaukee has a vibrant restaurant scene with many offerings. What makes this business attractive is the turnkey operation including first rate furnishings in one of the very best locations near the convention center in downtown Milwaukee. |
| Market Outlook: |
Very good. |
| Growth & Expansion: |
Sales are up after second year and are expected to increase in the coming year. The current owner is absentee and is not promoting catering. |
| Support/Training: |
30 days or as needed. |
| Employees: |
5FT/50PT |
| License requirements: |
Liquor license Food Handlers |
| Submission Date: |
02-16-2012 |
| Last Update: |
-- |
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| Agent Details: |
Jerry Vlaminck |
| Company Name: |
HSC Brokers |
| Phone Number: |
763-972-9077 |
| Fax: |
763-972-9080 |
| Mobile Phone: |
612-363-7456 |
Premium seafood tavern featuring the best in fresh seafood, hand cut steaks, chef rolled sushi, with one of the best views in downtown Milwaukee, not to mention one kickin’ outdoor patio. The restaurant is open for lunch and dinner 7 days a week with hours 11AM-10PM Sunday thru Thursday 11AM -2AM Fridays and Saturdays. |
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