Chicago Suburbs, Illinois
Listing Type: For Sale By Broker
Category: Food & Beverage: Restaurants, Fast Food, Deli
MLS #: DP626171
| Description: |
| Very profitable restaurant, established in 1977, has been family owned and operated from the same great south side location since 1977. There s plenty of foot traffic and is located on a busy main street. They ve enjoyed annual increases in sales and maintain a very healthy cash flow without any advertising. There is plenty of opportunity for growth with some advertising and marketing. They also have a beautiful back room for Reunions, Parties, and Office Meetings etc., which serves as a banquet facility for 80+ people. The building is free and clear and the owner is willing to do some seller financing. This is a GREAT opportunity to walk in and take over. After many great years, the owner is retiring. For more information, call George Gutierrez with Sunbelt Business Advisors at: office: 847-605-1510 ext. 228 (preferred), or 630-289-2265. |
| Pricing Information |
| Asking Price: |
$899,000 |
FF & E: |
$40,000 |
| Gross Revenue: |
$851,282 |
Lease/Rent: |
$0 |
| Cash Flow: |
$262,860 |
Inventory: |
$5,000 |
| Adjust Net Income: |
|
Real Estate: |
|
| Monthly Payroll: |
|
|
|
| About The Business |
| Style: |
Information not available. |
|
|
| Year Established: |
1984 |
Lease/Rent: |
$0 |
| Full Time Employees: |
12 |
Part Time Employees: |
5 |
| Size (square feet): |
|
Lot Size (acres): |
|
| About The Sale |
| Reason for Selling: |
| retirement |
| Is Financing Available? |
|
| Is Owner Willing To Train/Assist New Owner? |
|
| Is This a Home Based Business? |
|
| Is This a Distressed Business or Bankruptcy Situation? |
|
