Sold

Price: $2,100,000

Location: Chicago Suburbs

Includes: The Entire Business, All Equipment & All Fixtures.

Here is an opportunity you won’t find anywhere else, for a number of reasons:

1) The annual cash flow is OVER $1,000,000
2) The owners are only asking 2 x cash flow
3) The business is located in a Very Desirable Location
4) The lease is good for 15 more years and the rent is VERY CHEAP
5) The sales are over $2,100,000 with little or no advertising
6) Late night liquor license on the weekends
7) Very popular hot spot with a full kitchen
8) Recently remodeled with 2 private/VIP rooms
9) The owners will finance a portion of the sale price for a financially qualified and experienced buyer
10) Over 8,200 square feet of space with 3 bars

Listing Details

Total Sales: $2,100,000

Cash Flow: $1,000,000

FFE: $500,000

Inventory: $50,000

Location

Facilities Information:

The Rent Amount is actually less than 5% of gross sales which is extremely rare! Rent is approximately $8,960 a month and Taxes are included. Lease expires in 2022. The space is approximately 8,200 square feet. Plenty of parking is available around this night club.

Summary

Financing/Terms:

Owner will finance a portion of this sale for a financially qualified and experienced buyer.