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  • 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

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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.  

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Reason for Selling:

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Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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