For Sale
$699,000

520 Pearl St New London, WI 54961-1473

Established Restaurant, Turnkey Operation

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional opportunity presents the sale of a well-established restaurant located at 520 S Pearl Street, New London, Wisconsin, 54961-1473. The property, encompassing two Waupaca County tax IDs (33 12 77270 and 33 12 77261), includes a substantial 4300 square foot building and all its contents. The sale includes a complete turnkey operation, offering a seamless transition for a new owner. Years of successful operation have built a loyal clientele and a strong reputation for delicious breakfasts, lunches, and dinners. The restaurant boasts a full bar with a liquor license, making it a versatile and profitable venture. Extensive equipment is included in the sale, encompassing grills, a sham, fryers, toasters, dishes, tables, chairs, coolers, freezers, and salad bars, along with existing decor. The restaurant has a significant seating capacity, accommodating nearly 200 patrons, ideal for banquets and large gatherings. Inventory will be transferred via a separate Bill of Sale. The asking price is $699,000. Private showings are required

Highlights

  • Turnkey restaurant for sale at 520 S Pearl Street, New London, WI.
  • 4,300 SF building on two tax parcels (33 12 77270 & 33 12 77261).
  • Includes all equipment, fixtures, and furniture (FF&E).
  • Full bar with liquor license.
  • Seats approximately 200 patrons.
  • Asking price: $699,000.

Property Details for 520 Pearl St

Property type
Specialty properties, Land

Location Insight

City
New London
County
Waupaca
State
Wisconsin
Latitude
44.388628
Longitude
-88.7392885

FAQs

What type of property is this?
Specialty property - Established Restaurant, Turnkey Operation
Where is the specialty property located?
The property is located at 520 Pearl St New London, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Turnkey restaurant for sale at 520 S Pearl Street, New London, WI.; 4,300 SF building on two tax parcels (33 12 77270 & 33 12 77261).; Includes all equipment, fixtures, and furniture (FF&E).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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520 Pearl St
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