Screaming Tuna managers plan to buy business

Seeking MEDC loan for transaction

Last updated on July 3rd, 2019 at 07:23 pm

The current managers of Screaming Tuna Restaurant LLC, a restaurant serving sushi and Asian cuisine in Milwaukee’s Walker’s Point neighborhood, plan to buy the business.

sushi shutterstock_354245330

Jeff Bronstad and Cristian Vega, who are currently part owners of Screaming Tuna, are seeking a $240,000 loan from the Milwaukee Economic Development Corp. to buy the whole business and its assets.

The restaurant, located at 106 W. Seeboth St., is 5,700 square feet and has 1,000 square feet of private walk out space adjacent to the main dining room. The value of the business and equipment is pegged at $484,000 in the MEDC loan application, meaning Bronstad and Vega would bring $244,000 to the transaction.

Screaming Tuna has 19 full-time and 39 part-time employees. The pair estimates within two years it will add another two full-time and 10 part-time employees.

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

Molly Dill, former BizTimes Milwaukee managing editor.

No posts to display