RESTAURANT & LOUNGE #0412

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Business Info

Business ID
#0412
Price
$475,000
State
Asset
$330,000
Gross Sales
$170,717
Owner Financing
No

This is a well established Restaurant and Lounge located in the North Western corner of Illinois. It has a great reputation and known for excellent service. It’s positioned along the main streets of downtown. The building comes fully equipped with over 7000 square feet, seating more than 250 people. With so much space, gatherings are always welcome such as, reunions, wedding receptions, and birthday celebrations. The establishment does carry a full liquor state license & bar/grill combination. The owners would like to hand their business over to an energized entrepreneur who will continue the reputation for integrity they worked hard to maintain for several years. Assets are to include approximately $30,000 in average inventory, $100,000 in equipment, $10,000 in fixtures & furnishings. The building is included and valued at $190,000. For further information ask for portfolio #412

Click to contact us for help buying or selling a business.  Since 1980 we have been in the "business of business." We are a professional company specializing in bringing Business Buyers and Sellers together. Being one of the Nations leading firms in our industry, we are best equipped to help you because of our background and years of experience in working with business buyers Nationwide and businesses of all sizes and types. Your business purchase or sale information will be handled by experts and conducted in a confidential manner.

Testimonials

We would like to take the time and thank Jim and the entire crew at ABC for providing all the hard work and dedication in making our dream possible. We are very appreciative on how ABC handled our listing and service that they all conducted to make the sale of our business possible. When the time of our impatience ran rampant, Jim and the crew at ABC were there on the end of the phone or email to reassure us that it will happen. Thank you so much Jim and all the hard working people with ABC. When we get to Florida we will be sending you pictures.

  Scott & Shara M.