Retro - Style Drive - In Restaurant
Location Illinois,United States
Asking Price Range $500K - $1.0M
Gross Revenues $355208
Net Profit / Cash Flow $116109
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1977
Number of Employees 10 - 19
Inventory $79000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner will train the buyer for 4 weeks at no cost.
Reason for Sale Retirement
Description This listing is for a profitable, retro-styled, fifties drive-in located in northeast Illinois that is available to a qualified buyer. The business features drive-up car service and a sit down dining room. It offers a buyer a six-figure yearly income and approximately $629,000 in assets are to be transferred with the sale of the business including the real estate. There is growth potential available with this business. Currently, the business is closed during the winter and a new owner could open the business during that time. In addition, a buyer could hire additional car hops, hold car shows and more. They have a great reputation in their marketplace and a large base of loyal customers. People drive from as far as 30-40 miles away to eat there. 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 or by email.
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