1029 Iconic and Established Madison Restaurant

Madison, WI (Dane County)

Seller Financing Available
1029 Iconic and Established Madison Restaurant

Asking Price:$211,000

Cash Flow:N/A

Gross Revenue:$1,709,226

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$989,000*

Established:N/A

*not included in asking price.

1029 Iconic and Established Madison Restaurant

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Business Description

Popular Restaurant with Great Location!

Original Madison restaurant that has stood the test of time and keeps ticking! Top 5-10% of all restaurants in revenue over many years of operating. Location, Location, Location! Looking for buyers who are motivated to take over the solid revenue stream and apply sound management to control costs and increase profitability. Many areas for growth. Real estate available in one of the hottest areas of town.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Facilities:
There are two properties for sale. One parcel is where the restaurant sits, the other parcel is adjacent. Parcel with restaurant includes parking and is on major arterial road with high volume traffic. There is another property adjacent to these two that is also for sale but by a different owner. There is an opportunity to purchase the entire block.
Competition:
Madison has its share of restaurants to compete with. However, this restaurant has stood the test of time which is more than many can say.
Growth & Expansion:
Many areas for growth to explore. Owners would like to implement them now but do not have the drive or energy as they are of retirement age.
Financing:
Seller financing available for qualified buyer
Support & Training:
Owner is willing to stay for limited time. Negotiable
Reason for Selling:
Retirement

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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