NORTHSIDE BAR – TAVERN LIQ. LIC. - NEWLY REMODELED (currently operating)............$525,000
Chicago, North side - Includes: Business Entity, All Equipment and All Fixtures.
A single owner operator should easily be taking $250,000 - $300,000 in net or cash flow from this business and at current sales levels. If you kicked it up a notch more, it could easily bring in $400,000+ for an owner operator. This place has been around a long time and now has fresh paint, new floor finish and some new equipment. This is a very well known north/northwest side bar and is perfect for an experienced owner operator. This bar has a TAVERN LIQUOR LICENSE as well as great food. This bar is once again being operated by the original owner who is a master in the bar business. Bars like this, rarely become available in Chicago and especially when located on a well traveled street, in a well known social scene, and in the heart of a very popular neighborhood. The owner wants an all cash offer and is not willing to hold paper. If you are a serious and financially qualified potential buyer, please call me for details.
Asking Price: $525,000.00 plus inventory
Gross Sales: $1,000,000.00
Cash flow or net (approximately): Owner will meet, discuss all details, disclose documents etc...
Value of furniture, fixtures & equipment (approximately): $100,000.00
Value of inventory (approximately): $25,000.00
Building, Lease details (approximately): Lease good until 10-31-2014, but can be extended easily. 2,230 sq. ft.
Seller Financing: None
Contact: Dennis, firstname.lastname@example.org , American Business Acquisitions, Inc. 312-360-1955