MergerPlace

Profitable 25 yr old Full Service Restaurant Business For Sale

Quad Cities Area, Illinois (Rock Island)


  • Asking Price: $750,000
  • Gross Income: $1,584,090
  • Cash Flow: Not Disclosed
  • Real Estate: $850,000
  • Inventory: $7,000
  • FF&E: $125,000
  • Listing ID: #207351
  • Established: Not Disclosed
  • Employees: 6

Business Description

200 seat family restaurant business for sale with 4,900 sq ft building and real estate. A consistently profitable business for 25 years with a great central city location. Turn-key business that has been maintained and updated as needed over the years. This is a popular local restaurant with consistently good food, good friendly service, comfortable seating, convenient parking and modest prices. They offer a menu with wide variety of popular american foods and some specialty menu items.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Illinois
Metropolitan Area: Quad Cities Area
County: Rock Island

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $750,000
Gross Revenue: $1,584,090
EBITDA: $360,593
FF&E: $125,000
Inventory: $7,000
Real Estate: $850,000
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Business revenues and profits have been good over the years. Delivery could be easily added and would provide for additional income with little additional cost.

Competition:

Competition is normal

Reason for selling:

retirement

Support & Training:

Seller is willing to offer support and training as needed to facilitate a smooth transition.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Milton Anderson

Sunbelt Moline - Quad Cities