Request More Information Contact the Seller
- RE: Parkside Restuarant Opportunity - Strong Cash Flow
- Contact: Jeff Highfill
Quick Facts
Asking Price: | $1,600,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 948632 | |
Broker Reference #: | ABB005-A80 |
Business Overview:
This well-established, fully operational restaurant is nestled in one of Central Illinois’ most beautiful public parks. With over 39 years of local goodwill, this business generates $2,500,000 in annual sales and $450k to $500k in owner benefits. It includes multiple revenue streams: dine-in, full bar, catering, and a bustling prepared food market. The space underwent a $2M buildout and is in excellent condition with updated equipment and inviting interior/exterior dining spaces. The 10 year lease includes a low, $3200 per month base rent, with a loan repayment tied to leasehold improvements. This is a rare opportunity to take over a legacy operation with deep community roots- or to reimagine it within a fast growing, highly trafficked park destination. Ideal for a restaurant group, lifestyle investor, or hospitality developer. HIGHLIGHTS: $800,000 plus in equipment & furnishings 5000+ Sq. ft. indoor/outdoor footprint Possible, adjacent opportunities for event, retail, or pickleball expansion Serious inquiries should contact Jeff Highfill at 309-208-9414. NDA and Proof Of Funds will be required. Â
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information