Amazing Location Restaurant / Banquet Business
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $12000000
Net Profit / Cash Flow $12000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 6 - 9
Inventory 5000000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Operation will staff and train all employees.
Reason for Sale Currently building-out space and looking for partner to share costs and possible management.
Description Amazing location 30,000_, over 3 floors. New buildout in the heart of Oakbrook, 55% complete, banquets, weddings, restaurant, bar. First Class Operation WILL OPEN IN DECEMBER FOR HOLIDAY PARTYS. Were looking for equity partner for up to 49% interest. Already spent $3.5 million on building & land and $1,500,000 on buildout. Business projections are $12M to $15M a year in NOI. Looking for $1,700,000.
LOCATION: 22nd Street and Butterfield Roads. Partner does not need to be operator but welcome to participate and run operation.
Email or call Rob Krilich at 602-214-2222 or 877-574-5424 for more information on this Restaurant / Banquet business for sale. PRINCIPALS ONLY
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