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Business For Sale

ITALIAN RESTAURANT FOR SALE IN CHICAGO SUBURBS

Attn: Dennis
Chicago suburbs, IL, USA
Listing Number: "020808"
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Asking Price: $2,078,500 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: To manage his other biz & prepare other projects
Year Established: 1991
# of Employees: 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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