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Illinois Business For Sale

  
POPULAR FAMILY RESTAURANT IN FARM


Attn: Paul Lourash
Central, IL, USA
Listing Number: "MS07103"
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Asking Price: $135,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Other interests, owner wants to semi-retire
Year Established: 1995
# of Employees: 10
Yearly Revenues: $250,000
Yearly Cash Flow: $40,000



Business for Sale Overview:
Established family restaurant has been a fixture in the local community for 12 years. Extensive menu of popular food choices at attractive prices. Liquor license available – has Lounge area with walk-in cooler, 3-keg tapper, bar glass washer/sink and bar with stools. Outside area for beer garden or outside dining. Many possibilities for growth. Located south and east of Peoria. Real Estate included.

Property Features and Assets:
3000 SF Restaurant plus 900 SF underused lounge located in downtown area of a rural community. Seating for 103. Masonry building with 6-year-old roof. 2 furnace/AC units. Large restroom facilities. Extensive stainless steel kitchen equipment and freezer/cooler capacity. Lounge area with walk-in cooler, 3-keg tapper, bar glass washer/sink and bar with stools. Outside area for beer garden or outside dining.

Market Competition and Expansion:
Competition: The business is firmly established near popular local shopping areas and is the only family dining facility in the area. Growth/Expansion: Re-open Lounge and modify building to draw more business into the lounge area. Expand hours. Make Beer Garden.


Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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