Owner Financing is Available!
Business Overview:
This is a full service bar and state of the art pool hall located in the South/Southwest suburbs of Chicago with 41,700 cars driving by the front door each day. The pool hall was voted one of the top 10 best pool halls in the United States. This pool hall and bar consists of a very large bar with 30 seats around it, a full kitchen, a private lounge area with 2 dart boards (upstairs), 24 pool tables, an outdoor patio (in back), 3 offices and multiple video games.
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:
All the equipment was purchased "new" in 2009. After acquiring the building and property, the owners began remodeling. Some of the work they did included, a new 3,500 square feet addition on the back, new heat and A/C (2-10 ton roof mounted units with spiral duct work), new sewers, catch basin, plumbing, electrical panel on south wall, new conduit and wire, poured new concrete floors, had the metal roof resealed, new hot water heaters and replaced the glass in front with 1" thick glass.
Market Competition and Expansion:
Video gaming (video poker) was recently approved in this city. It's important to note that the cities surrounding this pool hall and bar voted against it, so it's the only city in the immediate area that will have video gaming. They are adding 5 poker machines in the coming months. This will not only add an additional revenue stream for whoever buys this business, it will also attract more business for the bar and pool hall and increase bar sales and food sales and pool table rentals.
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: