Established, Profitable Family Restaurant
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1044592
Net Profit / Cash Flow $203848
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 20 - 34
Inventory $345000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Retirement.
Description This listing is for highly profitable and well-established family restaurant located in the affluent northwest suburbs of Chicago that is available to a qualified buyer. This highly profitable restaurant has been a fixture in the community for nearly two decades and it offers an owner a yearly income of over $200,000. Over the past three years, this restaurant has shown consistently strong revenues and owner benefit. A new owner/operator can continue the operation of the restaurant in its current (very popular) form. Or, if new owner was so inclined, the restaurant can be remodeled into a sports bar, or a franchise restaurant. In addition, over $2,000,000 in assets are to be transferred with the sale of the business including the real estate which is valued at $2,100,000. This is a great opportunity for a buyer to either take over a profitable and established pre-existing restaurant in great location, or create the restaurant that they've always wanted. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $2,350,000
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