businesses for sale


American Restaurant for sale

Location: Southeast, Illinois

Category: Restaurants for sale

Asking price: $690,000.00

Description of the business for sale
This restaurant is nationally known and has been family owned for over 60 years. It has a stellar reputation for its great American food and its family atmosphere, seating up to 128 people, they are famous for their steaks, catfish and chicken dishes and uses many family recipes. This is a very profitable business for the owner with a loyal customer base. The current owner wishes to retire but would like for the tradition to continue.

Description of the facilities
Inventory = 12500; FFE = 56000; Leaseholds = 25000; Real Estate = 425000

  • By phone: 770-886-5100
  • Ask for: Lynda Norris

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Business details

THE MARVIN GROUP
Alpharetta, GA
Broker Co-op? yes

Listing Id: 83011
Reference Id: BBN14413611
Year established: 1943
Employees: 18

Asking Price: $690,000.00
Revenue: $755,781.00
Annual Net: $87,052.00
Down Payment: $690,000.00

Business Type:
Non Relocatable Business

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businesses for sale