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Steakhouse Greater Milwaukee Area for sale in WI

Wisconsin (WI)

Asking Price: Gross: Cash Flow:
$ 2,800,000 $ 3,833,420 $ 804,551

Furniture and Fixtures Value:
$ 230,941 (included in the asking price)

Inventory Value:
$ 90,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
The Opportunity A rare opportunity to acquire a premier, high-margin hospitality asset in a strategic Milwaukee-area corridor. After decades of success, the owner’s retirement makes this "trophy" business available for the first time in a generation. This is not a turnaround; it is a meticulously managed, "lifestyle-balanced" operation that consistently generates top-tier margins ($650k+ EBITDA) on a limited operating week.Operational Excellence Institutional Revenue Moat: In addition to high-end floor sales, the acquisition includes a long-standing, high-margin consulting agreement with a nearby institutional partner. Superior Labor Retention: The business is renowned for its "lifestyle" schedule, resulting in an elite staff with nearly zero turnover—a significant competitive advantage in today's labor market. Recession-Proof Location: Situated at a high-traffic junction near major business campuses, the business benefits from a constant influx of high-net-worth professionals and interstate travelers.Investment Highlights Turn-Key Management: The owner works only 20-25 hours per week, supported by a seasoned management team and standardized operational systems. Clean Financials: Immaculate books and records prepared for seamless buyer due diligence and SBA/Traditional financing. Growth Potential: While currently optimized for lifestyle, the infrastructure supports expanded hours or premium event catering.Confidentiality & Next Steps To protect the staff and the brand's prestige, the name and location will only be disclosed to qualified principals. Potential buyers must execute a Non-Disclosure Agreement (NDA) and provide a summary of financial capability.

 

   
Year Business was Established: 1995
   
Number of Employees: 20 FT/20 PT  
   
Facilities / Terms of Lease: Seller owns the real estate through a separate LLC. The business operation leases the building from this related LLC. Owner is willing to sell the real estate (talk to broker for details) or sign/transfer the lease with a buyer to satisfy any lenders.  
   
Potential Growth/Expansion: There are three possible avenues to expand the business. Owner is happy to discuss these options for growth with potential buyers.  
   
Reason for selling: Retirement and to work on real estate holdings.  
   
Seller Reference Number: 4102-18430
BusinessMart.com Listing Number: 310247
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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