$670,000 in sales in 2023 for Red hot franchise with Price Reduced

Lake Delton, WI
listing image
Asking Price:$149,000
Rent:$6,500/Month
Gross Revenue:$672,384
Established Year:2018
BUSINESS DESCRIPTION

Stop scrolling, this is the one!!! Don't bother starting from scratch with expensive build-outs. Snatch up this available Restaurant for Sale and harness the earning potential of already established sales of over $672,000.00 in 2023. While still being closed two days per week!!!
This restaurant stands out not only for its delectable offerings but also for its dedicated and growing customer base, loyal to the nationally acclaimed brand. Nestled in the Wisconsin Dells market, this Restaurant for Sale represents a unique brand in the area, offering prospects for expansion into other markets.
For those aspiring restaurateurs who desire industry entry without the complexities and costs of a ground-up venture, this Restaurant for Sale presents the ideal solution. While SBA lending isn't an option, the Restaurant Brokers at We Sell Restaurants can connect qualified buyers with lending resources by providing unsecured credit for the purchase.
The monthly rent for this Restaurant for Sale is $6,500, encompassing the base lease, CAMS, and other expenses. The lease is good for 3.5 years and includes remaining options. The 3,500 square foot space allows you to accomodate heavy customer volume during the peak Summer months. 3500 square feet for just $6,500/mo! In Wisconsin Dells, this is a STEAL.
You will also benefit from a comprehensive 4-week owner/manager training program conducted by the franchise brand of this Restaurant for Sale. This thorough training ensures a successful start from day one, providing valuable insights into methods, advertising, and assistance characteristic of a major brand.
The existing location comes fully equipped with established branding. By purchasing this Restaurant for Sale, you bypass the wait for equipment procurement, allowing you to commence sales on day one.
For a fee of $5,000.00, obtain the remaining term of the licensing agreement, coupled with training and ongoing support. Bypass the challenges of location scouting, landlord negotiations, and build-out coordination—this Restaurant for Sale is ready for immediate sales, boasting a current revenue of $672,384.00 while closed two days per week!
Corporate-level management handles marketing, offering the use of a national brand trademark, a proven success framework, and support. A 5% royalty on net sales and a 2.25% marketing fee ensure continued brand support on this Restaurant for Sale.
Don't miss out on this surging restaurant brand; act now to initiate the agreement process. Contact us today to secure this lucrative Restaurant for Sale opportunity.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications


DETAILED INFORMATION
Location
Lake Delton, WI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
23/12/2027
Employees
10
Facilities
Handwash sink 18 foot storage counter Crathco 2 unit bubbler Bunn axiom coffee brewer Cornelius tea brewer x 2 Menu panels x 4 Digital menu boards x 2 9 foot counter and storage space 10 foot counter and storage space Ncr pos systems x 4 2 credit card readers 8 unit coke dispensor and ice holder x 2 10 x ada rectangular tables 7 foot tables with booths x 3 Small 28 inch x 36 inch tables x 9 Hightop 4 seat tables x 6 36 inch x 36 inch tables x 4 29 high top chairs 59 regular chairs Seating for 124 inside Round Patio tables x 8 32 patio chairs Storage counter 8 foot Enmotion towel dispensor x4 Bathroom handwash sink x 2 Toilet x 3 Urinal x 1 Tp dispensor x3 Koala care changing station x2 Soap dispensor x 4 Hoshazaki ice machine Handwash sink x 3 Merrychef e 4 s 2 working 2 need repairs Holman top and bottom toaster x2 3 foot x 2 foot rolling stainless cart x4 True 78 inch stainless sandwich prep cooler True 67 inch 2 door pizza prep cooler needs repair Wells steam table 5 space 3 captiveaire hood units True 72 inch 3 door sandwich prep cooler x2 True 48 inch reach in cooler Bread rack Cvap holding cabinet Cooling rack Vulcan 2 door oven x 2 Rinse station with sink Ads dishwasher station Hobart automatic slicer 12 foot stainless prep counter with prep sink Nemco veggie slicer x2 Scale Pots and pans and racks Thermocouple walk in cooler 9 foot x 13 foot Freezer 9 foot x 5 foot Garbage can on wheels x 2 Coloratura steam table Storage rack 3 ft x 3 ft x 6 ft x 3 3 compartment dish wash sink Bib rack and station for coke 4 ft x 2 ft x 6 ft rack x 4 Mop bucket x 2 Mop sink Acer display for prep area x 2 Amana menu master microwave 5 foot x 3 foot prep table on wheels 72 inch x 3 foot prep table on wheels Glastender salad chiller
Competition
Popular tourist destination, Located in the Waterpark capital of the world. Increasing sales trends, restaurant just needs new management and ownership.
Growth & Expansion
This is a unique brand to the area with opportunities to expand to other markets.
Support & Training
4 1 Week owner/manager training
Reason for Selling
Other
Franchise
This business is an established franchise
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Travis
Kuehl
We Sell Restaurants
Travis Kuehl