Family Restaurant - Well Established

Cleveland, WI (Manitowoc County)

Family Restaurant - Well Established

Asking Price:$299,000

Cash Flow:N/A

Gross Revenue:$384,000




Real Estate:$270,000


Family Restaurant - Well Established

Get Financing Save Print Share Valuation Report

Business Description

Well Established FAMILY RESTAURANT -- Unbelievable Business Opportunity! Priced Way Under Replacement Cost! EXCEPTIONAL VALUE! Owners relocating out-of state for health reasons. This fully ready & functioning restaurant with liquor license is perfect with 4,084 sq. ft., built in 1985 with a PRIME location just seconds off Highway I-43. Spotless & completely renovated. All equipment included. Furnace & A/C -- 2012. 1,600 Reward Customers. Commercially zoned on 2.52 acres with great visibility from the Interstate and a couple of minutes from Lakeshore Technical College. Located on heavily traveled main road. Can accommodate 135 people making it a prime stop for not only highway traffic but also student traffic. Collapsible wall for private parties or private dining. BRAND NEW ROOF! HUGE blacktopped parking lot. Some grass & shrubbery. Municipal water, sewer & natural gas. This unparalleled setting has potential for someone looking for a great value. Shouldn't this describe your key to success? Call for all the details today! 920-980-6222

Many extras for a turnkey operation: 6 ft. grill, 2 deep fryers, 2 broasters, convection oven, walk-in cooler, walk-in freezer, water softener, warming tables, booths, tables, chairs, dishes, silverware, dishwasher, pizza oven, large mixer AND much more! Updated kitchen mechanicals.

STYLE: Ranch
EXTERIOR: Vinyl/Wood/Brick
2015 TAXES: $6,295.25

INCLUDES: All fixtures, furniture & equipment on premises + 1,600 Rewards Customers.
EXCLUDES: Pepsi machine, coffeemaker & ice machine are leased.
NEGOTIABLE: Plow truck.

NOTE: Currently open Mon.-Sat. 6 AM-8PM & Sun. 6AM-2PM. Personal property valued at approx. $20,000. North driveway has easement with Bonde's Quik Mart.

DIRECTIONS: I-43 TO Cleveland exit; S on Westview St. to restaurant. Near the corner of North Ave. (Cty Rd XX) & Westview St.

•Lot Size: 2.52 Acres
•Type: Commercial for Sale
•Baths: 2
•Square Feet: 4084
•Year Built: 1985
•School District: Sheboygan

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Easily able to expand by advertising in Sheboygan & Manitowoc. Both cities are a short drive and we have many customers from those areas. Could also expand the catering operation. Not much competition in our town or the surrounding area. Very large Hispanic population here to also serve.
Reason for Selling:
Daughter's Health

Listing Statistics for Premium Members

Business Location

Ad#:1301561 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Terri Klapperich

Find out more...

Get more details about this business.

Similar Listings

Erbert & Gerbert’s Sandwich Shop

Franchise Opportunity In WI
Capital Required: $197,500