businesses for sale


Restaurant and Banquet Hall for sale

Location: southwest Chicago suburbs, Illinois

Category: Food businesses for sale

Asking price: $495,000.00

Description of the business for sale
This listing is for a beautiful restaurant located in the southwest Chicago suburbs that is available to a qualified buyer. This restaurant specializes in a fantastic dining experience in a relaxing atmosphere. Their tasty and extensive menu will satisfy all taste buds. Their customers enjoy daily specials, homemade soups, breakfast all day, and can choose from a selection of sandwiches, wraps, salads, fish, pasta, charbroiled hamburgers, chops and steaks. Their house specialties include; Chicken Alexander, Baby Back Ribs, Steak Victoria, Combo Platters, Hand Packed – Charbroiled Burgers, etc. This business features the full-service restaurant, a banquet room with seating for 150 people, a full service bar with games and a jukebox, and beautiful outdoor patio that feels like a sports bar. The food is top-notch and they have an excellent reputation in their marketplace with a loyal base of customers. This business makes the owner over $350,000/year making it highly profitable. The real estate is available for $1,700,000 and the seller will take a lease/purchase agreement of applying 30% of the monthly rent over a 5 year period to be applied toward the purchase of the building. 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 or by e-mail.

Description of the facilities
Assets to be transfered with the sale of the business:

Inventory: $43,000
FF&E: $525,000

Total Assets: $568,000

The real estate is available separately for $1,500,000

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

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Business details

THE MARVIN GROUP
Alpharetta, GA
Broker Co-op? contact us

Listing Id: 88228
Reference Id: BBN144103785
Year established: 1986
Employees: 45

Asking Price: $495,000.00
Revenue: $1,173,128.00
Annual Net: $350,764.00
Down Payment: $495,000.00

Business Type:
Non Relocatable Business

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businesses for sale