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Business For Sale

Restaurant Great Location, Facility, Numbers

Chicago, IL, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$990,000
$1,900,000
Not Disclosed
$400,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2002
47
731024613

Business for Sale Overview:

Upscale restaurant on the south side of Chicago. Great downtown feel and atmosphere. Very unique location with no direct competition. Sitting in the middle of 77,000 Upper Income residents with a 39,000 daily impression traffic count. The restaurant boasts regular live entertainment and comes with an Executive Chef who is French trained, has a great following and specializes in sauces and appetizers. Restaurant draws from far and wide with its warm, open and inviting floor plan and its reputation for pumpkin martinis and calimari fries. The restaurant runs great numbers and has done Extremely well for the owners and their family. Over $1,000,000 was spent inside this beautiful restaurant on decor and Furniture, Fixtures, & Equipment and outside on its 75 person patio. It makes for a very memorable evening out.

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:

Truly beautiful facilities. Over a $million put inside alone.

Market Competition and Expansion:

No competition. Captured market. Great location on a very busy street. Spends no money in advertising.

Reason for Selling:

Family challenge has come up

Additional Details:

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

Resources:

 

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