Sold

Price: $2,099,000

Location: Southeast Suburbs of Chicago

Sale includes: the Entire Business, all Equipment & all Fixtures.

Are you looking for a true “turn-key business” with a long history and lots of potential? Now is your chance. The Owner is retiring. This business generates over $2.25 million in sales each year without doing hardly any advertising. The business has a 2am Liquor License. There are over 32,000 cars driving by the front door of this restaurant each day. This business has a tremendous amount of potential.

This is a full service restaurant & banquet hall serving Italian cuisine, steaks, seafood and pizza. The property consists of 3 banquet rooms, multiple dining rooms, a lounge, 2 bars, 3 offices, a prep kitchen, a main kitchen, multiple storage rooms and a partial basement.

With the right Operator, this business has the potential to generate up to $5,000,000.00 in gross sales. Don’t make a decision until you’ve seen this place.

Listing Details

Total Sales: $2,277,555

Cash Flow: $253,837

FFE: $552,000

Inventory: $55,000

Real Estate: $1,750,000

Location

Facilities Information:

Gross Building Area is +/- 18,334 square feet, Seating for approximately 480 people
Seller Financing: Owners may discuss some financing with qualified & experienced buyer/operators.