Bar/Restaurant for Sale in Chicago's SW Suburbs......................................$396,000 plus inventory
Near Willowbrook, Darien, & Oakbrook Grove (DuPage County)
Sale includes: The Entire Business, all Equipment & all Fixtures.
This is a full service restaurant with 2 bars, a covered patio (recently remodeled), 2 private party rooms, dance floor, over 20 TVs, pool tables, video games, DJ booth, and excellent food. By day, this place operates as a restaurant/sports bar. By night, it operates more as a bar/club with DJs, hired dancers, louder music, and better lighting. The business is located on a very busy primary route/main street with over 35,700 vehicles driving by each day! This is just one of the many reasons why they consistently generate over $1 million in sales each year. They also have a great website, huge parking lot, fantastic food and great atmosphere with an attractive staff. This is the "HOT SPOT" in the area. There are two owners, one is moving out of state and the other recently welcomed a new child into his family and wants to spend more time at home.
While many restaurants & bars have had declining sales, this hot spot has seen an increase in sales in 2010. The sales have increased nearlyevery month this year when compared to 2009 sales. The owners are currently remodeling the patio so there is no doubt the sales will continue to climb even further. This is the perfect time to buy this restaurant.
SELLER WILL FINANCE 20% of the purchase price for an experienced & qualified buyer.
Note: Pictures of the business can be emailed upon request. Also, a copy of the menu is available upon request.
Asking Price/Business only: $396,000.00 plus inventory
Gross annual sales (approximately): $1,023,571.00 (as stated by owner)
Cash flow (approximately): $206,040.86 (as stated by owner)
Value of furniture, fixtures & equipment (approximately): $170,000.00
Value of inventory (approximately): $35,000.00 (not included in asking price)
Seating (approximately): +/- 140 seats inside & +/- 25 seats outside
Lease details (approximately): Gross building area is +/- 5400 sq. ft., Base Rent, C.A.M. charges & Real Estate Taxes +/- $8,317.00/month. 3% annual increase. HUGE parking lot.
Seller Financing: Sellers will consider holding a small note for a qualified & experienced buyer/operator.
Contact: Dennis, email@example.com or 312-360-1955