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Business For Sale

NEW PRICE! - BAR WITH ENTERTAINMENT/COMEDY CLUB

Attn: Paul Lourash
Rantoul, IL, USA
Listing Number: "MS06105"
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Asking Price: $165,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Owner wants to pursue other interests
Year Established: 1950
# of Employees: 1 FT, 5 PT
Yearly Revenues: $195,000
Yearly Cash Flow: $50,000
 

Business for Sale Overview:

New Price on What You re Looking For! This is what everyone wants. A working man s bar with Extra income. This lounge has an entertainment room used as a Dance Club, Reception Hall, Party Room, Comedy Club, you name it and it has been used for it. The possibilities are endless for this long established bar/lounge. You can control the entertainment choices, lease out this extra income Reception Room or convert to high-end Wine & Liquor Store (license includes carry-out) . The main bar is a standard after work hangout for guys from numerous local factories and businesses. This is the place! Masonry construction with new rubber roof, new furnace & C/A, new tables/chairs, 2 walk-in coolers, 2 smoke-eaters and a new sound system. Small food service includes Burgers, Fish, Shrimp, Fries & Soup through use of 2 Nitros, Panini Grill and automated Fryer. Seating in main bar up to 50 and Entertainment/Reception Room up to 90. Hours are M-TH: Noon to 10PM, F-Sat: Noon to 12PM, Sun: Noon to 8PM


Property Features and Assets:

2,324 SF, Masonry construction with new rubber roof, new furnace & C/A, 2 walk-in coolers, 2 smoke-eaters and a new sound system. New tables and chairs. Downtown location with plenty of public parking. Seating for 50 in bar and 90 in entertainment room


Market Competition and Expansion:

This long established bar is a standard after work hangout for guys from numerous local factories and businesses. This is the place! The Entertainment/Reception Room brings in music or comedy acts on a regular basis for added income. Drawing customers from multi-county area. Growth and Expansion: The possibilities are endless for this long established bar/lounge. You can control the entertainment choices, lease out this extra income Reception Room or convert to high-end Wine & Liquor Store (full license includes carry-out) with Drive-up already in place.


Additional Details:

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

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