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RESTAURANT & LOUNGE #0412 for sale in IL

Illinois (IL)

Asking Price: Gross: Cash Flow:
$ 475,000 $ 170,717 Undisclosed

Furniture and Fixtures Value:
$ 110,000 (included in the asking price)

Inventory Value:
$ 30,000 (included in the asking price)

Real Estate:
$ 190,000 (included in the asking price)

Business Summary:
This is a well established Restaurant and Lounge located in the North Western corner of Illinois. It has a great reputation and known for excellent service. Itís positioned along the main streets of downtown. The building comes fully equipped with over 7000 square feet, seating more than 250 people. With so much space, gatherings are always welcome such as, reunions, wedding receptions, and birthday celebrations. The establishment does carry a full liquor state license & bar/grill combination. The owners would like to hand their business over to an energized entrepreneur who will continue the reputation for integrity they worked hard to maintain for several years. Assets are to include approximately $30,000 in average inventory, $100,000 in equipment, $10,000 in fixtures & furnishings. The building is included and valued at $190,000. For further information ask for portfolio #412

 

   
Year Business was Established: 2002
   
Seller Reference Number: bm235068348
BusinessMart.com Listing Number: 225682
 

 

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