Business For Sale

Turnkey Bar & Grill w/ Great Food & Gaming

Machesney Park, IL
Winnebago County

Neighhood Bar & Grill w/ strong gaming


Asking Price: Annual Revenue:
$295,000 $806,710

Food & Beverage: Bars, Clubs, Nightspots


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RE: Turnkey Bar & Grill w/ Great Food & Gaming Broker: Bill Satterlee

Quick Facts

Asking Price: $295,000
Annual Revenue: $806,710
Net Profit: $115,984
Cash Flow: $160,598
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 46729822
Broker Reference #: SAI5557

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Business Overview:

Business Description
Well Established & Popular Bar.& Grill with Gaming for Sale in Winnebago County

* This is an opportunity to become owner of a Bar & Grill with high volume gaming that has established itself for it's menu variety, atmosphere and location. Very popular place to watch games on many of their flat screen television. Known for their daily and seasonal menu specials. Strong dart leagues.

This is a great bar that is run daily by the ownership. Great staff in place.

Great neighborhood bar with outdoor beer garden for summer time enjoyment.

The business currently has a cozy atmosphere and has separate seating to get away from the main crowd.

This sale includes the business entity as well as all furniture, all fixtures, all equipment owned by the business. Inventory of $10-12,000 is to be purchased at cost in addition to the purchase price.

Key upside for new owner:

Profitable Bar & Grill
+ City liquor license
+ Late night Saturday hours
+ Long history in business
+ Plenty of parking
+ Busy high traffic location
+ Flexible business model
+ Flexible interior space
+ Lots of storage
+ Camera system
+ Training and support from seller
+ Much more...

Details:

Purchase Price: $295,000 plus inventory (includes business entity)
Annual Gross Sales (approximately): $800,000
Annual Cash Flow to Owner (approximately): $225,000
(Current owners are owner/operators.)

Hours of operation: Monday - Saturday 11AM-2AM, Friday - Sunday 11AM-Noon

** This sale and the business location are confidential. In order to accommodate prospective buyers, the location details as well as in-person meetings with the seller are being scheduled once a confidentiality agreement is in place and the financial ability of each buyer has been established.

Please contact Bill for more details.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Excellent Facilities.

Market Competition and Expansion:

Local.

Reason for Selling:

Retirement & Relocation.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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