Video Gaming & Restaurant Business #663

Alton, IL
Madison County


Asking Price: Annual Revenue:
$89,000 $522,944

Recreation: Entertainment


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RE: Video Gaming & Restaurant Business #663 Broker: Ben Strake

Quick Facts

Asking Price: $89,000
Annual Revenue: $522,944
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,050
Real Estate: $315,000
Year Established: 1983
Employees: 14
BBN Listing #: 998847756
Broker Reference #: 663

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Business Overview:

This Restaurant has been a staple in the heart of downtown of this quaint Illinois town. Video gaming machines, installed this year, are producing an extremely lucrative second stream of income. Owner is motivated and ready to retire. Restaurant occupies the first floor, and a renter occupies the apartment on the second floor. Real Estate is available. For more information, contact Mark Sauter.

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Property Features and Assets:

Building Lease 5,000 square feet @ $550.00 per month - Real Estate is available for an additional $315,000.

Market Competition and Expansion:

Add Delivery Service.

Reason for Selling:

Retirement

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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