• Asking Price: $475,000
  • Gross Income: $170,717
  • Cash Flow: Not Disclosed
  • Real Estate: $190,000
  • Inventory: $30,000
  • FF&E: $110,000
  • Listing ID: #206040
  • Established: 2002
  • Employees:

Business Description

This is a well established Restaurant and Lounge located in the North Western corner of Illinois. It has a great reputation and known for excellent service. It’s positioned along the main streets of downtown. The building comes fully equipped with over 7000 square feet, seating more than 250 people. With so much space, gatherings are always welcome such as, reunions, wedding receptions, and birthday celebrations. The establishment does carry a full liquor state license & bar/grill combination. The owners would like to hand their business over to an energized entrepreneur who will continue the reputation for integrity they worked hard to maintain for several years. Assets are to include approximately $30,000 in average inventory, $100,000 in equipment, $10,000 in fixtures & furnishings. The building is included and valued at $190,000. For further information ask for portfolio #412

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Illinois

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $475,000
Gross Revenue: $170,717
FF&E: $110,000
Inventory: $30,000
Real Estate: $190,000
Seller Financing Available: No

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Business Listed By:

Marketing Department

Affiliated Business Consultants, Inc.