Popular And Profitable Sports Bar
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $1244733
Net Profit / Cash Flow $140155
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Inventory $224000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Other business interests.
Description This listing is for a profitable and popular, Chicago-style sports bar located in central Illinois that is available to a qualified buyer. The restaurant is a casual dining establishment with a great atmosphere and build-out. They offer banquets and catering and they have a terrific menu. The catering aspect of the business makes up about 10% of their total revenues. Their food and restaurant has won multiple local awards for its quality and as a result they have earned a stellar reputation in their marketplace. They have a loyal base of customers providing excellent word-of-mouth advertising. This business offers an owner/operator a yearly income of over $140,000. In addition, over $400,000 in assets are to be transferred with the sale of the business. This is an outstanding opportunity for a buyer to purchase an established, profitable and highly popular restaurant for less than the price it would cost to open a new one, but with an already established customer base. If you would like more information about this business opportunity, 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: $399,000.
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