Bar / Tavern
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Inventory 35000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description Classic Northside Chicago Tavern with Lots of Potential: If it weren't for a few telltale clues like the color television set behind the bar, a patron entering this tavern could swear that they were transported in time to 1950. This saloon's aroma, its ambiance, and its patrons are all timeless and priceless -- and operations like this seldom become available for purchase.
Legend has it that this place was started after World War One by a returning soldier, but no one is quite sure. What is certain is that this business has been providing a livelihood for its various owners for -- literally -- decades.
Although the bar is profitable and the new owner need not make any changes, the densely populated, gentrifying neighborhood undoubtedly provides plenty of opportunity for someone with new ideas. Email or call Charles Thomson at Thomson Brothers Brokerage Company at 708-449-7744 for more information on this Bar / Tavern for sale.
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