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Restaurant and Catering Business with Real Estate

Location: South Central WI

ID: (#200817)

This Business Has Been Sold.
200817
Price:$550,000
Revenue:$1,300,000
Cash Flow:$320,000
FF&E (Assets):$0
Inventory:$0
Real Estate:$700,000

Overview

The company is a dine-in restaurant and provides catering services with growing revenue. The company has consistent profit margins, even during 2020. 2021 financials show full recovery from 2020. All suppliers, processes, and employees are in place for a smooth transition to new ownership. A significant number of catering contracts are already booked up to 18 months out.

Details

Reason for Selling:

Retirement

Established:

Employees:

Furniture, Fixtures, and Equipment (FF&E):

Restaurant facility improvements, furnishings, and equipment. Catering equipment and van.

Facilities:

Seller prefers selling the real estate for $700,000.

Support and Training

The seller is willing to remain with the company for training and transition.

Broker Contact Information

  • TJ Sainsbury
  • Wisconsin - Sun Prairie
  • (608) 839-7410 Office
  • Appointment Only:
  • Savvy Business Brokers LLC
  • Wisconsin - Sun Prairie
  • By Appointment Only
  • 100 Wilburn Rd, Ste 103
  • Sun Prairie, Wisconsin 53590
  • Real Estate Broker: Savvy Business Brokers LLC