BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Bar/Restaurant in West/NW Suburbs of Chicago

Not Disclosed, IL

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,395,000
$1,950,000
$435,576
$435,576
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$275,000
Illinois
1999
42
801932783
Owner Financing is Available!
Seller will consider some financing for a qualified buyer.

Business Overview:

The current owners of the business also own the property. The asking price for the property is $1,600,000. The asking price for the business is $795,000 plus inventory. The current owners have no involvement in the day to day operations. They are running it absentee and have managers in place to run the business in their absence. They prefer to sell the business to someone who has the time to manage the business. Some people dream of building the local hot spot. Others prefer to let somebody else deal with the headaches of building and opening a business and acquiring it after all the hard work and headaches are over. Now's your chance to acquire a very successful business that has the potential to do even better.

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:

Lot Size: 2,291 square feet. Building Construction: Brick Number of Stories: 2 Plus Full Basement Building Size: 4,187 square feet (Including Kitchen) Parking: Street/Parking Garage RE Taxes: $13,000 per year.

Market Competition and Expansion:

Hours of Operation Monday – Thursday: 11:30 am – 1 am Friday – Saturday: 11:30 am – 2 am Sunday: 12 pm – 1 am This business a full-liquor license allowing you to serve alcohol until 1 am weekdays and 2 am on weekends.

Reason for Selling:

Absentee owners

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: