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Steakhouse for Sale Greater Milwaukee Area

Wisconsin, United States
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Asking Price$2.80m
Revenue$3.83m
EBITDA$705k
Cash Flow$805k
Description
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.
Real Estate
Owned
Furniture Fixtures & Equipment
$231k
Inventory
$90kIncluded in Asking Price
Year Established
1995
Reason Selling
Retirement and to work on real estate holdings.
Facilities & Assets
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.
Growth Opportunities
There are three possible avenues to expand the business. Owner is happy to discuss these options for growth with potential buyers.
Related Categories
Other Food Business for Sale
Business for Sale in Wisconsin
Asking Price$2.80m