Owner Financing is Available!
Business Overview:
This bar/restaurant is a full-service bar & restaurant located in the heart of a downtown area in the West/Northwest suburbs of Chicago. 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.
www.ababusinessbrokers.com
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:
It consists of 2 floors plus a basement, a full-service bar on each floor, a stage for bands and live music, an outdoor patio, an excellent reputation and menu. It's located on a major, high traffic street with more than 36,000 cars driving by the front door each day. Base Rent and RE Taxes: $10,000 per month.
Market Competition and Expansion:
Due to the fact the owners are not managing the business on a daily basis, there are plenty of opportunities for a new owner/operator to take this business and make it even more profitable than it is currently. The business does not have cameras. Most businesses having the kind of cash sales this business has, have cameras recording what's going on before, during & after business hours. With no owner/operators around to manage the labor properly, the labor costs run higher than they should.
Reason for Selling:
Absentee owner.
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: