Chicago Metro, Illinois
Listing Type: For Sale By Broker
Category: Food & Beverage: Restaurants, Fast Food, Deli
MLS #: DP597988
| Description: |
| This is an excellent opportunity for a seasoned restaurateur to acquire a gorgeous pizza restaurant and pub in a stable, growing residential SW Chicago suburb. The business is located in a high-traffic retail strip mall that includes ample parking for +75 cars. The original owner invested $1.1M in facility build-out and $540K in furniture, fixtures, and equipment (FF&E) in 2006. The 6500 sq ft facility includes the main restaurant dining area (1500 sq ft), state-of-the-art kitchen (1500 sq ft), private banquet room (1500 sq ft), sports bar (1200 sq ft) with 5 large screen TV s and a 2am liquor license, and outdoor beer garden (800 sq ft). The business is licensed to provide live entertainment. The business also has a drive-through window and pick-up/carry-out area with three phone order stations. The kitchen is designed to accommodate high volume, including on-premises banquets and off-premises catering. We have a highly motivated seller who has other business interests. The firm cash asking price is $365K: This is an outstanding bargain, truly a once-in-a-lifetime opportunity. This tremendous business opportunity won t be on the market very long. He who hesitates...loses. Call the listing broker, Dave Hayes / Sunbelt Business Advisors @ 847-605-1510 x241 for more information. |
| Pricing Information |
| Asking Price: |
$365,000 |
FF & E: |
$540,000 |
| Gross Revenue: |
$600,000 |
Lease/Rent: |
$0 |
| Cash Flow: |
$0 |
Inventory: |
$2,000 |
| Adjust Net Income: |
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Real Estate: |
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| Monthly Payroll: |
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| About The Business |
| Style: |
Information not available. |
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| Year Established: |
2007 |
Lease/Rent: |
$0 |
| Full Time Employees: |
4 |
Part Time Employees: |
14 |
| Size (square feet): |
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Lot Size (acres): |
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| About The Sale |
| Reason for Selling: |
| other business interests |
| Is Financing Available? |
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| Is Owner Willing To Train/Assist New Owner? |
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| Is This a Home Based Business? |
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| Is This a Distressed Business or Bankruptcy Situation? |
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