Near Schaumburg, Arlington Heights, Elk Grove Village, & Hoffman Estates (In Cook County)
Total Asking Price/Real Estate & Business:
Sale includes: The Real Estate, the Entire Business, all Equipment & all Fixtures.
Total Purchase Price/Real Estate & Business = $1,200,000 plus inventory
Purchase Price/Real Estate = $850,000
Purchase Price/Business = $350,000 plus inventory
This is a full service restaurant that has been in business since 1985 with a reputation for great food and service. After nearly 25 years, the owners are ready to retire. This well known restaurant has seating for 120 people, a bar, large dining room, annual sales over $1 million, wonderful food and is located in an extremely high traffic area with lots of foot traffic also. They are only open in the evenings and yet they do over $1 million in annual sales. They also have an incidental liquor license. This is a true turn-key operation with no need for remodeling. Stop in, try the food and see for yourself.
$1,200,000.00 plus inventory
Gross annual sales (approximately):
$1,017,368.00 (as stated by owner)
$171,121.00 (as stated by owner)
Value of furniture, fixtures & equipment (approximately):
Value of inventory (approximately):
$25,000.00 (not included in asking price)
Value of real estate (approximately):
Building, Property, Lease details (approximately):
Gross Building Area is +/-3,538 sq ft, Seating for +/- 120 people. RE Taxes = +/-$24,000.00/yr. Lot size = 4,000 sq ft
Owner may discuss some financing with qualified & experienced buyer/operators.
Contact: Dennis, firstname.lastname@example.org or 312-360-1955