Historic, 60-year old Milwaukee Takeaway

Asking Price$289,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$8,500
Not included in asking price
FF&E$241,000
Included in asking price
Real EstateNot Disclosed

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Historic, 60-year old Milwaukee Takeaway


Asking Price$289,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$8,500
Not included in asking price
FF&E$241,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Some businesses serve a neighborhood. This one belongs to it. For nearly six decades, this Milwaukee institution has been woven into the fabric of its community - the kind of place that becomes part of how people remember their lives. A cult following that markets it for free, a growing neighborhood that claims it as their own, and a waiting demand the current owners have intentionally never fully met - regularly selling out before the day is done.

The business operates on a deliberately limited schedule, currently less than 900 hours per year, and generates exceptional revenue per operating hour. Pre-COVID, this same location ran 360 days a year. The entire gap between then and now is an owner's scheduling decision, not a market limitation.

The Opportunity: The next steward steps into a fully documented operation with immediate, small, low-risk growth levers: extended hours, additional service days, seasonal expansion, and catering to nearby event venues. Detailed SOPs, recipes, vendor relationships, and quality standards all transfer at close. The brand does the marketing. The systems run the operation. This is an owner-operator opportunity best suited to someone with hands-on restaurant experience who is ready to meet a demand that the current owners have intentionally left on the table.

Key Highlights:
- Easy-to-run takeaway model requiring minimal complexity
- Nearly 60-year operating history with verified multi-generational customer loyalty
- Exceptional revenue-per-hour performance; Strong seasonal and full-year margins documented across multiple years with stellar prime costs
- Full and upgraded commercial kitchen equipment
- Compact takeaway model - no dine-in complexity, low overhead
- A neighborhood institution that draws visitors from across the city and beyond; Recognized through local nominations and media features
- 5-year pro forma, full financial packet, and returns available post-NDA

The current owners are ready for their next venture and are in search of the perfect caretaker for this beloved institution, with the vision to take it further.

Inquire for details.
About the Business
Years in Operation
59
Employees
13 Part-time
Long-term seasonal and part-time employees
Facilities & Assets
Full commercial kitchen equipment package valued at $241,000+. Compact takeaway footprint with outdoor patio seating. No dine-in complexity. Seller owns the well-maintained building - lease negotiated directly with no third-party landlord risk. Full FF&E list available post-NDA.
Market Outlook / Competition
Only establishment of its kind in the immediate neighborhood. The nearest comparable operation is nearly 3 miles away. The restaurant has a cult following and a 4.5-star Google rating across 500+ verified reviews earned entirely through word of mouth. Over half a million organic video views - none paid.
Opportunities for Growth
Operates less than 900 hours a year; customers are demanding more. The immediate opportunities include extended service days (currently 3.5 days per week), earlier and later hours, seasonal expansion, and catering to nearby event venues. SOPs in place for all expansion plans. Current owners use minimal social media - any posts are purely upside.

Full growth projections and 5-year pro forma are available post-NDA.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Passing the baton
Transition Support
Comprehensive SOP library including opening and closing procedures, kitchen prep with vendor item numbers and batch quantities, vendor ordering templates, and quality standards. Current owners will remain on-site for an agreed transition period and provide full introductions to vendors and suppliers.
Financing Options
Multiple financing scenarios modeled and available. Seller open to earn-out structure
Listing Info
ID
2513129
Listing Views
428

Listing ID: 2513129 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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