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Business For Sale
ITALIAN RESTAURANT FOR SALE IN CHICAGO SUBURBS
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Asking Price: |
$2,078,500
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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To manage his other biz & prepare other
projects |
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Year Established:
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1991 |
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# of Employees:
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21 |
Business for Sale Overview:
This historic Italian Restaurant is for sale in the Chicago suburbs and is
family owned with almost 20 yrs in business, quality home-made food
that has unmatched quality in Chicago, recipes are hand-made from
scratch, large custom built full service bar with stools, pub tables & a
dinner seating area, (approx) 3000 square foot interior restaurant
space, plenty of room for major expansion such as banquet halls. This
restaurant has a gorgeous outdoor patio surrounded by mature
landscape as well as beautiful mature lots on 2.23 acres of land, plenty
of parking currently on this property & room for plenty more. The
current owner is semi-absentee and runs an entirely different business,
but is involved in food preparation with his authentic ingredients,
sauces and some cooking etc... Multiple generations of original
customers come in weekly, special event dinners are held in one of
multiple dining rooms; holiday celebrations take place throughout the
year as this restaurant decks itself out in full
lighted color especially for Christmas. Additional new business growth
could continue to be developed with a more substantial
advertising/marketing program as well as an owner/operator who
devotes 100% of his/her time to this business. If you want great food &
an authentic dining experience, this is the place. If you want plenty of
room for your own business concept or additions, this is the place.
Property Features and Assets:
Approximately 2.23 acres of land, approximately 3,000 square foot
building, 3 walk-ins, 191 seats, full bar, at least 70 parking space
currently in use & more can be created.
Market Competition and Expansion:
This business has a very intrenched and loyal clientele. This is not your
"run of the mill" restaurant and it literally takes the food quality to a very
high level.
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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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