As an absentee owned business with a positive cash flow it was an attractive opportunity for an individual buyer or owner/operator to acquire.
Milwaukee, WI (PRWEB) November 21, 2013
Todd Ruhkick of Sunbelt Midwest represented Upper Crust Pizza in its November 15, 2013 sale to a private buyer. Sunbelt's team responded to over 50 inquiries and showed the business, which started in 1975, to nearly 25 buyers.
Upper Crust Pizza is located at 249 E. Hampton Ave. Milwaukee, Wisconsin and will remain in the same location. It is a long standing staple in the Northshore community, serving carry out and delivery to customers in Whitefish Bay, Shorewood, Glendale and Milwaukee since the 70's. The current menu consists of pizza, burgers, sandwiches, pasta, salads and a variety of appetizers.
"Upper Crust is such a well-established business in Milwaukee's Northshore. As an absentee owned business with a positive cash flow it was an attractive opportunity for an individual buyer or owner/operator to acquire." said Ruhkick. "The buyer Andrew Galvin was a good fit, he and his wife Nicky plan to run the day-to-day business as an owner/operators. He comes from a family of entrepreneurs, his wife sold a business with Sunbelt Midwest in the past so they really understood the process. They have plans to increase product offerings, grow through grassroots marketing efforts and to continue the tradition of serving the Northshore community. The Seller was pleased with the transaction and expressed interest in working with Sunbelt on future transactions."
Todd Ruhkick is a business broker and sell-side advisor for Sunbelt Midwest based in the Brookfield office. Ruhkick's experience as an investor, a business owner and corporate manager helps him to sell businesses. Ruhkick holds a Wisconsin Real Estate license and is a member of Sunbelt Midwest, with offices in Minnesota, Illinois and Wisconsin, helping people buy and sell businesses in Wisconsin and the greater Midwest area.
About Sunbelt Midwest
Sunbelt Midwest is an elite division of Sunbelt, the largest organization of business brokers and M & A professionals in the world. With five offices in Minneapolis, Minnesota; Chicago, Illinois; and Milwaukee, Wisconsin, Sunbelt Midwest is a premier brokerage. The business brokers and M & A intermediaries of Sunbelt Midwest, consistently rank in the top performers of Sunbelt International. Sunbelt Midwest is trusted with coordinating all of the national franchisor relationships for Sunbelt. Because of this interaction, Sunbelt Midwest has a unique ability to market businesses throughout Sunbelt internationally. Sunbelt Midwest truly has a GLOBAL reach!