Turn Key Restaurant Milwaukee East Side

Milwaukee, WI (Milwaukee County)

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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $616,500

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,100 /Month

Established: 2012

Turn Key Restaurant Milwaukee East Side

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Business Description

Established East Side location

Popular family owned Italian Restaurant was renamed in 2012 and had a total rebuild of the Bar and kitchen. Know for its Pastas, Pizza and more. Bar is separate from dining room, both are very nice. There is Parklet outdoor seating in front of the building for the summer months and garage doors that open to the dining room. Includes a 5' hood for the pizza oven and a 20' hood for cooking area. The basement has loads of storage and a prep-kitchen where the pasta is made. They are popular in the local community for eat in formal dining and take out. There are agreements in place with neighboring establishment to provide food as well as with some of the summer festivals. Capacity is 99 and sq ft is Approximately 1920. Please keep confidential for staff and sign confidentiality agreement (upon request) if interested. We look forward to showing you this beautiful space.

Detailed Information

Location:
Milwaukee, WI
Real Estate:
Leased
Building SF:
1,920
Lease Expiration:
N/A
Employees:
15
Facilities:
The space is approximately 1920 sq ft and includes all equipment including ; Coolers, Hoods, Pizza ovens, Mixers, fryers, Cappuccino machine, Beer coolers, Pasta machine, dough stretcher, POS stations, Dining room furniture, Bar furniture and more. Contact listing agent for complete list. There is approximately 7.5 years left on a desirable lease (Base Rent $3100). 3 parking spaces for staff and public parking across the street. (Home Based)
Competition:
Located just off North Avenue on the East Side in very established location.
Growth & Expansion:
This area is starting to Boom again with loads of new businesses. The business should continue to grow even more.
Support & Training:
Sellers will assist with good will and training for a smooth transition as needed.
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
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Business Listed By:
carole wehner, Milwaukee Exec Realty

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