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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

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Established, Profitable Restaurant

Location  Illinois,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1507375
Net Profit / Cash Flow  $220293
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1938
Number of Employees  20 - 34
Inventory  $388414
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Owner will train the buyer for 4 weeks at no cost.
Reason for Sale  Retirement.
Description  This listing is for a well-established, highly profitable and popular restaurant located in the southwest Chicago suburbs that is available to a qualified buyer. Situated along historic Route 66, this business has been serving the road weary traveler for decades. The menu features a large array of chicken dishes, sandwiches, burgers, ribs, shrimp dishes, steaks and a full bar. This restaurant offers daily drink specials and they host live music and numerous special events. They have also been featured on TV shows that have brought a very large number of customers to this business that continue to spread terrific word-of-mouth about this business. The owner is currently earning a significant financial benefit and a new owner could easily continue making a yearly income of over $200,000. Over the last three years, this business has seen consistent growth in their revenues and the owner benefit. In addition, over $500,000 in assets are being transferred with the sale of the business. The revenues and cash flow figures below are from only a ten month period of 2010. Also, a new owner can add an additional $100,000 to their bottom line by changing the restaurant from a full-service (waiters and waitresses) to a casual serving establishment. If you would like more information about this highly profitable restaurant, 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: $1,390,000
Click Here To Contact Seller

    

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