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Business For Sale

Popular Family Restaurant in Farm

Central, IL, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$135,000
$250,000
Not Disclosed
$40,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
10
976215443

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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

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.

Reason for Selling:

Other interests, owner wants to semi-retire

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist 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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