American Restaurants, Miscellaneous Restaurant & Bars
Active
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
$40kIncluded in Asking Price
Number of EmployeesFull-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**
Asking Price$599k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.