Established Full Service Restaurant with Prime Real Estate
$1,599,000
Seller financing available
The seller is open to letting you pay part of the price over time.
Real estate included
The property comes with the business.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Established over 25 years ago, this full-service restaurant in Kane County, IL, is a beloved community staple with a classic American menu and full bar. Featuring indoor seating for 160 and a scenic outdoor patio, the 6,400 sq ft building on a high-traffic corner lot includes ample parking and a fully equipped kitchen. A turnkey opportunity with growth potential in catering and events.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$1,599,000
- Annual Revenue$2,164,000
- 0.7×
- Price to revenue
- Approx. Inventory Value
- $35,000
- Approximate FF&E
- $150,000
Details
- 1996
- Established · 30 yrs
- 38
- Employees
- Restaurant
- Business type
- Owned · included in price
- Premises
Financing & transition
- Seller financing
- Yes
Property & lease
- Premises
- Owned
- Included in Sale Price
- Yes
Where it is · Chicago, Illinois
Somewhere in Chicago, Illinois. The exact address is not on this listing.
Ad#:231
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