Description of the business for sale
This listing is for an established pub/restaurant located in a northeast Chicago suburb that's available to a qualified buyer. This business is an Irish pub and restaurant, but it also features fine American dining. The business features a vast selection of imports, wines and specialty drinks. Live music, karaoke, projection and flat screen TV's make this pub festive on any day of the week. The food they serve is made with only the finest ingredients and prepared fresh to order. In addition, there are daily drink and food specials. This business appeals to all types of customers, yet is pleasantly different from traditional chain restaurants. The north side of this restaurant is attached to a high end mall bringing in a great deal of business making this a very profitable establishment for the owner. The financials reflect the first year's operation, from 12/06-12/07. 2008 profits should be up 15% due to implementing cost analysis improvement. Sellers are willing to co-invest in duplicating this type of successful restaurant at other locations. If you would like more information about this business, or would like to schedule a site visit, please contact the agent either by phone or by e-mail.
Support / Training provided by seller
Owner will train the buyer for 4 weeks at no cost.
Description of the facilities
Assets to be transferred with the sale of the business
Inventory: $9,500
FF&E: $730,000
Leasehold: $750,000
Total Assets: $1,489,500