Historic Wisconsin Restaurant-Bar – Business & Real Estate Included

Asking Price$695,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$285,000
Included in asking price
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Historic Wisconsin Restaurant-Bar – Business & Real Estate Included


Asking Price$695,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$285,000
Included in asking price
Business Description
Step into a thriving hometown landmark celebrating its 100-year anniversary in 2025. Mibb’s & Viv’s is a third-generation, family-owned restaurant-bar famous for its award-winning fish fry, broasted chicken, and welcoming Midwest charm. With nearly a century of loyal customers, this is a turnkey operation ideal for both new and seasoned restaurateurs.

Mibb’s & Viv’s presents an unmatched opportunity in one of Wisconsin’s fastest-growing municipalities. Lannon’s population has more than doubled since 2020 and continues to grow at nearly 12% annually, driven by new residential developments like Whispering Ridge Estates and surrounding subdivisions in Menomonee Falls and Waukesha County. As hundreds of new homes and apartments fill the area, this historic location is positioned perfectly to capture a wave of new diners and families seeking quality local dining.

This is an exceptional chance to purchase both a thriving Wisconsin restaurant-bar and the real estate that supports it—a combination rarely available at this price point. With a century of neighborhood goodwill, strong cash flow, and clear operational growth opportunities, Mibb's & Viv's is a rare opportunity.

Over 468 Google Reviews with average rating of 4.7 and over 4.9K Facebook followers.
About the Business
Years in Operation
100
Facilities & Assets
Step into a thriving hometown landmark celebrating its 100-year anniversary in 2025. Mibb’s & Viv’s is a third-generation, family-owned restaurant-bar famous for its award-winning fish fry, broasted chicken, and welcoming Midwest charm. This is a turnkey operation ideal for both new and seasoned restaurateurs.

The sale includes the business, real estate, liquor license, recipes, and all equipment. The property features a two-story, 3,000 sq. ft. building with a fully equipped kitchen, quartz bar and dining for 60+.
Website
https://www.mibbsandvivs.com/
Market Outlook / Competition
Located on a high-traffic corner in a growing area of Waukesha County, Mibb’s & Viv’s offers the stability of established revenue with the freedom to expand. Whether you want your first restaurant or your next success story, this Wisconsin classic is ready for its next chapter.
Opportunities for Growth
Currently open just four days a week (Tues, Wed, Fri, Sat), the business generates strong revenue with plenty of upside for an active owner. Expansion opportunities include adding lunch or Sunday brunch, accepting credit cards (currently cash-only), and developing outdoor seating or catering services.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
Owners are retiring.
Transition Support
Owners will stay on for a period of time to help with transition and new owner training.
Listing Info
ID
2436558
Listing Views
1
Business Location

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