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Business For Sale

Sports Bar/Lounge/Restaurant in Southwest Suburbs

Chicago Suburbs, Cook County, IL

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$396,000
$1,084,912
Not Disclosed
$206,040
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
131332783
Owner Financing is Available!
Sellers will finance 25% of the purchase price for a qualified buyer.

Business Overview:

This is a full service restaurant with 2 bars, a covered patio (recently remodeled), 2 private party rooms, dance floor, over 20 TV's, pool tables, video games, DJ booth, and excellent food. By day, this place operates as a restaurant/sports bar. By night, it operates more as a bar/club with DJs, hired dancers, louder music, and better lighting. The business is located on a very busy primary route/main street with over 35,700 vehicles driving by each day! This is just one of the many reasons why they consistently generate over $1 million in sales each year. They also have a great website, huge parking lot, fantastic food and great atmosphere with an attractive staff. This is the "HOT SPOT" in the area.

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:

Gross building area is +/- 5400 sq. ft., Base Rent, C.A.M. charges & Real Estate Taxes +/- $8,317.00/month. 3% annual increase. HUGE parking lot.

Market Competition and Expansion:

Competition: While many restaurants & bars have had declining sales, this hot spot saw an increase in 2010 sales, when compared to 2009. Growth/Expansion: The owners are currently remodeling the patio so there is no doubt the sales will continue to climb even further. This is the perfect time to buy this restaurant.

Reason for Selling:

Please inquire.

Additional Details:

  • The property is leased.
  • 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: