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Illinois Business For Sale |
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| RESTAURANT & BANQUET HALL FOR SALE IN CHICAGO BURB |
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| Attn: Tony |
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| Chicago Suburbs, IL, USA |
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| Asking Price: |
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$2,099,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Retire. |
| Year Established: |
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1987 |
| # of Employees: |
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67 |
| Yearly Cash Flow: |
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$253,837 |
| Yearly Gross Income: |
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$2,277,555 |
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Business for Sale Overview:
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The restaurant & banquet hall is for sale in a Chicago suburb & is a
true “turn-key business” with a long history and lots of potential? Now
is your chance. The Owner is retiring. This business generates over
$2.25 million in sales each year without doing hardly any advertising.
The business has a 2am Liquor License. There are over 32,000 cars
driving by the front door of this restaurant each day. This business has
a tremendous amount of potential. This is a full service restaurant &
banquet hall serving Italian cuisine, steaks, seafood and pizza. The
property consists of 3 banquet rooms, multiple dining rooms, a
lounge, 2 bars, 3 offices, a prep kitchen, a main kitchen, multiple
storage rooms and a partial basement. With the right Operator, this
business has the potential to generate up to $5,000,000.00 in gross
sales. Don’t make a decision until you’ve seen this place. Pictures of
the property and menus can be emailed upon request.
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Property Features and Assets:
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Zoning is B-2, limited service business district , Lot Size is +/- 46,093
square feet (+/- 1.06 acres), Building Construction is primarily masonry,
Gross Building Area is +/- 18,334 square feet, Seating for approximately
480 people |
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Market Competition and Expansion:
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Huge growth potential with an already huge gross sales in place. |
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Additional Details:
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- 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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To contact the seller of this
specific business for sale please complete and submit the following
form.
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