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Business For Sale

Banquet Hall with Property-North/NW Suburbs

Chicago Suburbs, Cook County, IL

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,500,000
$2,906,762
Not Disclosed
$388,696
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1986
0
221432783
Owner Financing is Available!
Seller might consider some financing with experienced and qualified buyer.

Business Overview:

This a full service restaurant and banquet hall with a lounge, a full-liquor license, 5 banquet rooms and over 735 seats. It can handle just about any size party or wedding. This property is a must see! You can t beat the location. This banquet hall has been operating in the same location for more than 25 years. This isn't the only reason so many people know this place. Another reason it's so well-known is because there are more than 34,000 cars driving by the front door each day. The banquet hall is so large, you can't possibly miss the building or the enormous sign out front. This is one of the largest banquet halls in the area, with 23,000 square feet and 735 seats. It's one of the only banquet halls that can accommodate large weddings.

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:

3.8 acres. Gross Building Area is 23,000 square feet, Seating for approximately 735 people.

Market Competition and Expansion:

Even in this economy, sales have remained very strong. Of course, there s always room to grow. One area of opportunity is updating some of the d cor. Another, much easier area of opportunity, is updating the website & making it more interactive & informative. Right now, they have a very basic website with very few pictures highlighting how beautiful the facility really is

Reason for Selling:

Please inquire.

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.

Resources: