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Asking Price: $149,000

Restaurant & Game Room Business-only in Peoria, IL

Peoria, IL
Peoria County

Total Net Sales are $350,000 per year! Restaurant generates $266,000 per year at 65% margin! Game machine commission from the Game Room is $84,000 per year! Game Room just started recently and is increasing in income as its presence becomes known in the neighborhood!Yearly Net Profit is over $120,000 AFTER paying an Employee Payroll of $51,000, as well as rent and all other expenses! Operating Partner spends only 32 hours per week at the restaurant and partakes in profit sharing and does not take a salary.Rent is only $3,500 NNN per month with a new 15 or 20-year lease available to the Buyer!Business Information:Brand-New Restaurant Equipment including vent-a-hood and all cooking equipment!Liquor License Included! Fully Built-Out Game Room Attached!Customer reviews are 4.7 stars on Google!Seller is the property owner and plans to spend $1 million to open a laundromat next door which will bring in more customers for the restaurant and game room!Geographic & Demographic Details:Neighborhood location!Median household income is $65k!Population is increasing by 2% per year!Close proximity to hotels like Comfort Suites, Quality Inn & Suites, SpringHill Suites, Travelodge by Wyndham, OYO Hotel Downtown, Four Points by Sheraton and Embassy Suites by Hilton!Nearby schools including Peoria Christian School, Reservoir Gifted School, Franklin Primary School and Bolin School collectively serve over 1,400 students and faculty!Surrounded by apartment complexes such as Carriage Hill Apartments, Glen Oak Terrace Apartments, Civic Center Plaza Apartments, Heartland Apartments, The Lofts at Waterfront Place and Providence Pointe Apartments!Less than 3 hours from Chicago! 1 hour from Springfield, IL! 1 hour 30 min from Champaign, IL and Davenport, Iowa!Major recent government developments in Peoria, IL include a $64.5M Galena Road reconstruction, $26M Riverfront Master Plan, sewer upgrades, fire station rebuild, and downtown revitalization projects! Asking Price for Business-Only: $149,000 plus inventory!

Cash Flow $120,000
Revenue $350,000

Asking Price: $650,000

Profitable Franchise Promotional Premium Company

Not Disclosed, IL
Not disclosed

Are you looking to step into a thriving business with a proven track record? This well-established franchise promotional products company located in central Illinois has been a trusted provider of high-quality promotional items for over 22 years. With a solid reputation and a loyal customer base, this business offers a unique opportunity for a new owner to continue its legacy of success. The revenue distribution consists of 35% from embroidery, 25% from both screen printing and direct-to-film, and 15% from other services (engraving, UV printing, business printing, etc). Other key highlights include:Consistent Revenue - The company consistently bills over $1.2 million annually, demonstrating its strong market presence and demand.Profitable Operations - With a net profit (seller discretionary earnings) exceeding $250,000, this business provides substantial income and room for growth.Diverse Clientele - The business boasts key accounts with schools, medical companies, and various service-based companies, ensuring a steady stream of orders and repeat business.Franchise Support - As part of a reputable franchise, the business benefits from established brand recognition, marketing support, and ongoing training, providing a competitive edge in the industry.Experienced Team - A skilled and dedicated team is in place, ensuring smooth operations and a seamless transition for the new owner.Growth Opportunities - There is significant potential for expansion by exploring new markets, increasing online sales, and leveraging social media marketing.This business is perfect for an entrepreneur seeking a profitable and established venture with room for growth. If you are ready to take over a successful and profitable business with a strong foundation and significant growth potential, don't miss this opportunity. Contact us today to learn more and schedule a confidential discussion.

Cash Flow $257,963
Revenue $1,223,337

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