Local Bar / Restaurant / Event Space With Excellent Video Gaming Cafe Revenue
Not Disclosed, IL Madison County
Seller's Contact Information
- RE: Local Bar / Restaurant / Event Space With Excellent Video Gaming Cafe Revenue
- Contact: Caroline Mushill
Quick Facts
| Asking Price: | $465,000 | |
| Annual Revenue: | $368,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-54637 | |
| Broker Reference #: | EDWRDVL001-54637 |
Business Overview:
Full-Service BarLicensed Illinois Video Gaming Establishment Private Gaming RoomFunctioning KitchenHeated Smoking RoomNewly Renovated Private Party RoomGrowth OpportunitiesFamily owned local bar in town with a population of 10,000 people. The current owner purchased the bar in March of 2021. There have been many additions added in 2023 such as the heated smoking room and am Event space to host 75 people. The establishment has a full service bar and also a small kitchen to serve appetizers and pizzas. The new owner will need to be an active operating manager of the company and might want to hire a part-time or full-time person to run the bar and gambling side of the business. Current owner is willing to stay on in this capacity as well to help the new owner both transition and help with future needs.
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Reason for Selling:
Multi-owners, pursuing other business opportunities.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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