2023 For Red Hot Franchise With Price Reduced Wisconsin Dells, WI 53940
This turnkey restaurant opportunity in Lake Delton, Wisconsin, is priced to sell at $149,000. The 3,500 square foot space boasts a high-end buildout completed in 2018, representing a significant cost savings for the buyer. The established franchise enjoys strong sales, generating $670,000 in revenue during 2023, despite being closed two days a week. The restaurant features 124 indoor seats and additional outdoor patio seating, accommodating substantial customer volume. A comprehensive kitchen is included, featuring three captive-aire hood units, multiple refrigerators and freezers (including a walk-in cooler and freezer), ample prep space, ovens, and various other commercial kitchen equipment. The lease, currently at $6,500 per month (inclusive of CAMs), extends until December 22, 2027, with options for 3 and 5-year renewals. The restaurant is located in a prime tourist destination within the Wisconsin Dells, a popular waterpark area with increasing sales trends. This presents a unique opportunity to acquire a profitable, established business with significant growth potential in a high-traffic location. The sale includes a four-week owner/manager training program, ensuring a smooth transition and operational success. Ten employees are currently on staff. This is a rare chance to acquire a million-dollar buildout at a fraction of the cost, leveraging an existing brand and customer base in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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