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VR Business Brokers - Milwaukee West, WI
W229 N1433 Westwood Drive #106
Waukesha, WI 53186
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com
 

VR Business Brokers - Milwaukee West, WI

W229 N1433 Westwood Drive #106
Waukesha, WI 53186
(262) 347-2083
www.vrbizlakes.com
timb@vrbizlakes.com

Business Listing Details

LISTING#:
4181-1216

A0120: Cocktail Lounges/Taverns/Bars
1216 The Metal Grill Music Venue in Cudahy WI
LOCATION: Cudahy, WI
  
ASKING
PRICE

$499,000
AMOUNT
DOWN

$499,000
REVENUES:
  
DISCRETIONARY
EARNINGS

TOTAL
ASSETS

$499,000

Located in Cudahy, Wisconsin, The Metal Grill has hosted local, regional, and national acts over many years (including Trapt, Smile Empty Soul, and Kip Winger, just to name a few).


The property has several unique attributes that will facilitate significant growth for a new owner. The Concert hall capacity is approximately 200 and there is a large outdoor area that could be converted into a beer garden. Opportunity abounds, however present ownership simply does not have the time to capitalize on them. Further, this property generates rental income through the upper level apartments.


This is an ideal opportunity for someone already in the entertainment industry, or someone whom is looking for a turn-key opportunity to which they can bring their own ideas.


Current ownership looks forward to transitioning the business (training a new owner), including day to day operations and music agent introductions (for booking live music).


 


High traffic location with great visibility on Packard in Cudahy

 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.