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Award Winning Steakhouse with Real Estate Included

RestaurantFor sale in Oakbrook Terrace, Illinois40 employees
Award Winning Steakhouse with Real Estate Included
Photos on request

$4,090,000

For Sale
Asking price, business + property
  • 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.

  • Training included

    The seller will help you get up to speed after closing.

About this business

Award-winning steakhouse in Oakbrook Terrace, IL, offering fine dining with a focus on steak, seafood, and an extensive wine list. Features private dining for business and family events, seating for 375+ with additional bar and summer seating. Operated absentee with 3 full-time managers. Includes 4 acres of owned real estate. High ROI opportunity with significant cash flow.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$4,090,000
  • Annual Revenue$2,754,147
  • SDE$703,788
5.8×
Price to SDE
1.5×
Price to revenue
26%
SDE margin
Annual Profit
$703,788
Approx. Inventory Value
$26,370
Approximate FF&E
$865,256

Details

40
Employees
Restaurant
Business type
Owned · included in price
Premises

Financing & transition

Seller financing
Yes
Min. Down Payment
$818,000
Training after the sale
Included
Cost
Free
Duration
30 days

Property & lease

Premises
Owned
Included in Sale Price
Yes
Property Price
$1,600,000

Where it is · Oakbrook Terrace, Illinois

Somewhere in Oakbrook Terrace, Illinois. The exact address is not on this listing.

Somewhere in Oakbrook Terrace, Illinois

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