Business For Sale

2548KK Bar & Restaurant w/banquet center w/RE

Belleville, IL
St. Clair County

Southern Illinois


Asking Price: Annual Revenue:
$610,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 2548KK Bar & Restaurant w/banquet center w/RE Broker: Ken Kunkel

Quick Facts

Asking Price: $610,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 933713435
Broker Reference #: 2548KK

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Business Overview:




PRICE REDUCTION OF 60,000 ON THIS VERY POPULAR RESTAURANTAND BAR WITH BANQUET CENTER ATTACHED. NOW ONLY 610,000 WITH REAL ESTATE INCLUDED.
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This very popular rest/ bar has been serving this community over 35 years and draws people from all over for food and drink along with great music. A large banquet hall attached to this building can hold banquets up to 200 people and has a great fully equipped kitchen that can handle both sides. The seller has priced this business with real estate and great parking at a price considerably lower than appraised value for a quick sale due to health reasons. Why pay rent when you can own this business and real estate and have business from day one at a great price. Seller has 5 video gaming machines that generate around 60,000 a year profit for seller.

Please call Ken Kunkel at 636-346-0293 or our office at 314-842-3802 and ask about ID#2548KK.




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Property Features and Assets:

Building Own: 8,100 square feet $610,000.

Reason for Selling:

Retirement

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.

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