1.2x Cash Flow (NW Chicago Suburbs) +Real Estate & Land

Hanover Park, IL (Cook County)

Seller Financing Available
1.2x Cash Flow (NW Chicago Suburbs) +Real Estate & Land

Asking Price:$1,350,000

Cash Flow:$466,000

Gross Revenue:$858,000

EBITDA:$466,000

FF&E:$331,020

Inventory:$17,967

Real Estate:$750,000

Established:1865

1.2x Cash Flow (NW Chicago Suburbs) +Real Estate & Land

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Business Description

1.2 times earnings (NW Chicago Suburbs) +Real Estate & Land. Meticulously maintained, clean environment, large draw and unique niche. Convert 300sqft office adjacent to kitchen for cooking, update the menu and double your revenues with ease. Also, village is announcing Parking lot conversion of two vacant adjacent buildings soon-no cost to owner and 390 just expanded for driving ease. Owner looking to leave for health.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sports bar. Updated/clean atmosphere. karaoke stage, lighting, Poker and game room, Pool table, Indoor and outdoor pub. 9,500 Sq Ft.
Competition:
This unique operation has its own niche.
Growth & Expansion:
Excellent cash flow. Own it & put this cash flow in your pocket (No changes needed). Also, village is announcing Parking lot conversion of two vacant adjacent buildings soon-no cost to owner and 390 just expanded for driving ease. Owner looking to leave for health.
Support & Training:
Staff will train buyer. Owner will answer questions anytime for as long as required. Bar is simple to operate.
Reason for Selling:
Health & Retirement

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Verne Howard

Business Listed By:
Verne Howard

Tangent Brokerage

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