Award Winning Restaurant with Strong Reputation and Cash Flow
$599,000
Real estate included
The property comes with the business.
Training included
The seller will help you get up to speed after closing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Absentee-owned restaurant in Chicago's upscale western suburbs, offering a unique opportunity with $229,753 cash flow. The establishment boasts a vacation-like atmosphere, attracting both local and distant guests. Award-winning for superior food and service, it's a destination spot with a strong reputation. Includes $320,000 in assets and pre-approved bank financing.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$599,000
- Annual Revenue$1,194,499
- SDE$229,753
- 2.6×
- Price to SDE
- 0.5×
- Price to revenue
- 19%
- SDE margin
- Approx. Inventory Value
- $40,410
- Approximate FF&E
- $258,770
Details
- 2011
- Established · 15 yrs
- 24
- Employees
- Restaurant
- Business type
- Leased
- Premises
Financing & transition
- Training after the sale
- Included
- Cost
- Free
- Duration
- 30 days
Property & lease
- Premises
- Leased
- Rent
- $7,760
- Lease Expiration
- Jun 30, 2025
Where it is · Schaumburg, Illinois
Somewhere in Schaumburg, Illinois. The exact address is not on this listing.
Ad#:125
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