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OFF-MARKET
Retail properties & Spaces

2023 For Red Hot Franchise With Price Reduced Wisconsin Dells, WI 53940

3,500 SF Built 2018
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 3,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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