Tim Bullard, President

Tim Bullard, President

"Once you have made the committment to BUY, SELL, or IMPROVE your business with VR, you have access to an unequalled group of expertise, experience and support to insure you successfully meet your goals in a professional, informed way."

Each office is
independently owned
and operated

Our office is owned by

Lakes Business Group, Inc.

N27 W23960 Paul Rd
Pewaukee, WI 53072

Office: 262-347-2083
Toll free: 877-447-2083
Fax: 262-347-2090

E-mail Us

Business Listing Detail Information

Listing No.: 4181-392 Restaurants: Dinner Rstrnt (primarily American) Beer & Wine
Business Desc: Recreational Area Perkins Franchise

Business Details

Revenues Adjusted Cash Flow Selling Price Down Payment
$1,081,468 $63,679 $500,000 $500,000
General Location: Upper Midwest

Executive Summary

Situated in a well known year round recreational area, with skiing, fishing, swimming, biking, snowmobiling, and almost any other outdoor sport you can think of...this franchise Perkins restaurant is set amongst many large hotels.  The hotels bring in all the hungry customers you'd need and 30,000 cars drive past daily due to its location on the edge of a busy highway.  This Perkins is in a city that boasts a large university, a modern hospital, an international airport, and a federal courthouse. 

This Perkins restaurant is quite new, 5228 sq ft, seating for 174 guests, and is beautifully decorated and designed to reflect the area's mining history, with a huge stone fireplace in the center of the dining room and varied levels of seating to add privacy and interest to the interior space.  There is ample parking for 71 cars.

The restaurant is open seven days/week from 7 AM to midnight.  2008 revenues were $1,081,460.

Owner is willing to sell real estate as well, but if just the franchise is purchased, included will be inventory, Furnishing, Fixtures, and Equipment, along with a favorable lease negotiated with the buyer. This business to buy is located in Michigan.
 

Contact Information

Contact: Timothy Bullard
Office: VR Business Brokers
Office Phone: (262) 347-2083 or (630) 300-4777
Email: timb@vrbizlakes.com