Businesses for Sale

Listing ID: BUS-038LL

American Restaurants, Miscellaneous Restaurant & Bars

Absentee Run Restaurant $229,753 Cash Flow-Pre-Approved W/Bank

Hanover Park, Cook County, Illinois, United States

Asking Price

$599k

Revenue

$1.19m

EBITDA

$230k

Cash Flow

$230k

Description

Absentee owned restaurant in upscale western suburbs of Chicago. Owner only does paperwork, staff runs everything. (Sales are good: Bank statements, POS system, Quickbooks and 1099K from credit card company reconcile) $229,753 Buyer's Income Benefit, 8,800 customers pre-approved w/bank $320,000 assets to transfer to buyer. This popular restaurant's atmosphere makes their guests feel like they're on vacation. This is a destination location for people locally and many miles away. They have won numerous awards and have the reputation in their marketplace for superior food and service.

Real Estate

Rent is $7,760 per month

Building Size: 3600 sq. ft.

Furniture Fixtures & Equipment

$259k

Inventory

$40k

Included in Asking Price

Number of Employees

Full-Time: 24

Year Established

2011

Reason Selling

Retirement

Facilities & Assets

pre-approved w/bank

Support & Training

30 days training for free included with sale; available via cell phone afterwards.

Market & Competition

pre-approved w/bank

Growth Opportunities

pre-approved w/bank

Listing ID:

BUS-038LL

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