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The Wall Street Journal Online

608 Famous Pizza Business with Banquet Hall & Catering

Se Wisconsin, Wisconsin

Seller Financing Available

Photo Available
Asking Price:
$1,750,000
Gross Income:
$819,067
Cash Flow:
$279,684
FF&E:
$600,000.00 *
Inventory:
$20,000.00 *
Real Estate:
$1,000,000.00 *
Year Established:
1967
Employees:
42
Business Types:
Other Eating & Drinking Places
Restaurants

* included in the asking price

Business Description

Famous Pizza/Italian Restaurant/Pub/Banquet Hall/Catering Business located in SE Wisconsin,

In business since 1967, with ten revenue streams
Pizza In house and delivery
Sports Pub with patio - family dining
Banquet Hall State of the art facility
Catering highly rated

This business is thriving. Bookings are already up over 2011. New pub and outdoor dining patio to increase revenues and keep the operation fresh and vibrant for a new buyer. Flexible terms. Owners want to retire. Prime real estate included in this price, but can be leased instead. So many options- Please call our office at 262-347-2083 for the details. Please visit our website at www.vrbizlakes.com.

Detailed Information

Facilities:
Beautiful facility on ideal lot with ample parking. Build out is gorgeous and all equipment in all facets of the business has been well maintained. Approximate square footage is 14,421- includes the restaurant and banquet hall. New sports pub brings in a whole new crowd and cash flow.
Competition:
Limited in the area, and nothing in the area of this magnitude.
Growth/Expansion:
Sales in 2008 were 1,016,098 and down in 2009 mainly due to the major road construction directly in front of the restaurant. Owners placed a great importance on sales and marketing and sales increased again for 2011. 2012 bookings are already ahead of last year. Lots of room to grow. They have many sales and marketing programs a new owner can use. New pub and outdoor dining patio to increase revenues and keep the operation fresh and vibrant for a new buyer.
Financing:
Seller is very willing to offer seller financing
Support/Training:
Sellers will provide training and support
Reason Selling:
Retirement
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Broker Information

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(from currently available resources)
 

Business For Sale Listed By

Tim Bullard

Tim Bullard
VR Business Brokers

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