Downtown Mikwaukee Area Wisconsin Business for Sale
637-Old World Cham Restaurant and Event Space - New Price |
| Downtown Mikwaukee Area, Wisconsin |
Global fusion cuisine and soaring revenues; this is a best in class opportunity. The property, building and equipment are all superior condition and routinely maintained. .
This restaurant, bar and event space integrates modern distinctions amid the characteristic Milwaukee Cream City brick walls providing a new, yet comfortable and familiar feel. With sky lighting, antique finish fire places and unique local artwork, this opportunity has a stylish yet preserved look. The first floor is used for restaurant and bar patronage and the second floor is available for events, special functions; private and public.
This business is located in a Lease building situated in a historic downtown setting with more than 5,000 vehicles per day and steady foot traffic. The business neighbors provide a cross market of customers. The present lease is favorable and includes rear parking for the staff, upper deck for the event space, and side-walk seating in the summer. The 1800's structure is 5,600+ square feet two story Historic building. The structure is divided into various rooms/areas for the various operations of the business, including, but not limited to; kitchen, office, storage, bar service, dining, and event space.
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Financials |
| Price: $699,000 |
| Gross Income: $1,300,000 |
| Cash Flow: $184,000 |
| FFE: $150,000 |
| Inventory: $25,000 |
| Real Estate Value: $0 |
| Source Data: |
About the Business |
| Listing ID: #4181-637 |
| Year Established: 2002 |
| Financing: See Broker |
| Training: Included |
| Facilities: Two Story, 5,600 SqFt |
| Competition: |
| Growth: |
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| Business Listed By |
| Name: Tim Bullard |
| Company: VR Business Brokers |
| Phone: 262-347-2083 |
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| The information in this listing has been provided by the business seller
or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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