Tupelo Data Room
American Restaurants, Diners
Active

Long-Established Freestanding Breakfast & Lunch Restaurant w/Property!

Kenosha, Kenosha County, Wisconsin 53144-1620, United States
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Asking Price$698,000
Revenue-
EBITDA-
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Description
Long-Established Freestanding Breakfast & Lunch Restaurant w/Property Kenosha, WI – 43 Years! "Strategically Positioned On 30th Ave With Over 13,000 VPD Near The Intersection Of Washington Rd (Hwy 158) With Another 20,000 VPD" A fantastic opportunity to acquire a long-established breakfast & lunch restaurant along 30th Ave, one of Kenosha's busiest commercial corridors. This highly visible freestanding restaurant has been serving the community for over 43 years and has developed a loyal following among business professionals and local residents seeking delicious classic American fare. A regular destination throughout the area! Current Concept • Classic neighborhood café & diner-style restaurant • Dine-in or carryout • Casual, comfortable interior • Family-friendly atmosphere Popular Menu Offerings • Breakfast plates • Eggs, bacon, sausage & hash browns • Pancakes & omelets • Biscuits & gravy • Breakfast skillets • Burgers & sandwiches • Gyros • Homemade soups • Daily specials Long established with the same owners for over 43 years. Independent - no royalty, advertising or transfer fees. Asset sale with property – building, .29-acre lot, plus all furniture, fixtures and equipment (FF&E) included. Independent – no royalty, advertising or transfer fees. Owner operated. Turnkey! Business Highlights • Long-established breakfast & lunch restaurant with loyal customer base • Strong neighborhood presence & longstanding community recognition • Proven concept with broad market appeal • Fully equipped kitchen & dining facilities • Real estate included in sale - long-term investment value Keep the current concept, a similar concept or bring your concept here! Ideal For • Experienced restaurant operators seeking a proven location • Owner-operators looking to build equity through real estate ownership • Family operators seeking a stable, community-focused business • Multi-unit restaurant groups looking to expand into the Kenosha market • Investors seeking an income-producing restaurant property Prime retail space in a freestanding building on a heavily traveled thoroughfare in the heart of Kenosha, WI. Boasts outstanding visibility, convenient access, ample parking and high traffic counts. Strategically positioned on 30th Ave with over 13,000 vehicles per day near the intersection of Washington Rd (Hwy 158) with another 20,000 vehicles per day. Ideally situated within an established commercial district surrounded by complementary retailers, professional services, medical offices, healthcare providers and various businesses as well as dense residential neighborhoods. Its central Kenosha location serves a broad customer base and benefits from strong daytime and residential traffic patterns while from multiple directions. Plus, the area continues to attract residents seeking neighborhood dining destinations, making the restaurant well-positioned for continued success under new ownership. Location Highlights • Freestanding building with excellent street visibility from multiple directions • Dedicated on-site parking for 28 vehicles • Near a major signalized intersection with strong traffic counts/daily commuter exposure • On the 30th Ave commercial corridor (a major Kenosha N-S thoroughfare) • Near Washington Rd (1 of Kenosha's primary E-W commercial corridors) • Excellent ingress/egress from surrounding roads • Consistent daytime traffic generated by nearby commercial/residential development • Exceptional market density with 80,000+ daytime consumers within a 3-mile radius Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tom Traina at [email protected] or call 847-651-3834 for more information. Showings by appointment only outside of business hours.
Real Estate
Owned
Building Size: 3246 sq. ft.
Year Established
1982
Reason Selling
Personal health.
Facilities & Assets
Owners Role: Owner operated - active day-to-day. Square Feet: 3,246. Seating: 109 Inside. Days/Hrs of Operation: Tu-Su 6a-3p (Closed Mondays). Value of FF&E: Included In Asking Price. Value of Inventory: Not Included In Asking Price. Property Information: One-story single-tenant freestanding building with three 5-ton rooftop AC units, large pylon sign and 28 on-site parking spaces. Built in 1981. On .29 acres or 12,632 sqft of land. 47 feet of frontage on 30th Ave with two curb cuts for easy in-and-out access. B-1 commercial zoning supports continued restaurant use as well as a range of other retail/commercial uses. Real estate taxes ~$7,172.
Support & Training
Negotiable on-site comprehensive training.
Market & Competition
Well known for their quality food, casual atmosphere and friendly service. Strengths • Local brand recognition • Proven breakfast-and-lunch business model • Traditional American menu with broad appeal • Loyal neighborhood customer base • Strong visibility, accessibility & parking
Growth Opportunities
Long time local favorite. Beloved family-friendly restaurant. Staple in the community. Institution in the neighborhood. Cherished Kenosha gathering place. Decades of goodwill. Loyal multi-generational base of repeat customers. Rated 4.5 Google, 4.4 TripAdvisor and more. Highly rated and recommended, great reputation to continue to build upon. Plus, untapped potential. The business has remained traditional in its operations, creating numerous growth opportunities for a new owner: • Refreshing interior décor • Expanding operating hours • Creating a new website • Implementing online ordering • Adding 3rd party delivery • Increasing visibility through digital marketing • Establishing a social media presence • Hosting local community events, fundraising nights & group gatherings • Starting a local catering program
Financing Options
No.
Asking Price$698,000