Full Service Restaurant for Sale in Chicago Suburbs..............................$1,200,000.00 + inventory
Authentic Cuisine offered in a casual family-style restaurant. A diverse menu incorporates all homemade ingredients and boosts an extensive list of staple American and Italian style creations. Well thought out and well built restaurant with tons of flexibility as to modifications and levels of service available to offer at a new owner's discretion. Currently offers a unique dining experience where patrons are welcomed in a comfortable environment suitable for family and friends. Carry Out/Delivery, Catering Services, Banquet Facilities, Sports Bar, Lounge, 2 Dining Rooms and a Party Room. Plenty of capacity exists to accommodate even more revenue stream opportunities.
The upside for a new owner is huge with this business as it is large enough to accommodate 235 people and that is just for on-site generated sales and not off-site catering or banquet sales. This is a top-notch established business with a very loyal customer base. The history and recognition of this business by the surrounding community is deep as this business has been here for decades. The scope of new business options is almost endless. Carryout and delivery services can be expanded as this business has a separate kitchen as well as its own entrance/exit for providing carryout/delivery service to that side of the customer base. A significant portion of the business is carryout and delivery already. This can be expanded with a proactive advertising/marketing campaign along with various types of community outreach and sponsor type involvment for PR exposure.
Banquet requests continue to come in at a pace that is very abundant. The customers for catering/banquet type business range from private parties for individuals to family parties to weddings and also a steady flow of business/corporate clients. Multiple off-site banquet facilities are making use of the services provided by this restaurant. In addition, other banquet halls are also prepared to come online as they are requesting service and seeking contracts to achieve this. The banquet business is a part of the revenue that is included in this sale.
This village has recently approved slot poker type entertainment that will allow for up to five poker style games in this establishment. This is huge for potential new annual gross sales as it will likely generate significant income for the business and yet requires zero additional labor to service the customers playing these machines.
Sale includes: The Real Estate, All Business Assets such as the Business Entity, all Furniture/Fixtures/Equipment, all Cash Flow
- Featured Articles in New York Times, USA Today, among others...
- Significant multi-functional physical restaurant space
- Multiple dining rooms as well as a private party room available
- Dedicated pick-up and delivery kitchen/entrance part of building
- Ample on-site parking in the business lot and adjoining lots
- High quality Amercian/Italain casual dining
- Long History of Loyal Customers
- Easy access from all directions via major routes/hwy system
- Purchase Price: $1,200,000.00 (plus inventory)
- Gross Annual Sales (approx): $2,238,000.00
- Annual Owner Cash Flow (approx): $383,000.00
- Building Information (approx): 5500 Square Feet
- Occupancy (approx): 235
Call Dennis for more details. Confidential visits are welcome. In order to accommodate prospective buyers, phone conferences and in-person meetings with the seller are being scheduled once a confidentiality agreement is in place
. Contact: Dennis Hansmann (President/Managing Broker/Owner) firstname.lastname@example.org or 312-360-1955