Retail - Bars/Taverns

Asking Price	$80,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	$50,000*	Employees	N/A

* included in the asking price

** not included in the asking price

Owner has just purchased the real estate and business assets of this 2 story bar/restaurant, with 2nd floor apartment. Incredibily low price now for the bar/grill, with just a few remodeling and decorating jobs to finish. Once completed, within a couple weeks, the asking price will be $175,000. Rent, including real estate taxes, is only $3,500/month and won't increase for 3 years. Full basement and patio area are very beneficial to the bar and grill. For new bar owner, the upstairs apartment can also be rented for just $1,000/month. Can buy the building with large apartment and business assets for $550,000.

Facilities: Fully equiped bar/restaurant in downtown Elburn. 1,600 sq. ft. with full basement. Excellent parking with lot next door. Terrific kitchen for a small bar & grill. Expandable out door patio in ther rear.

Competition: Not much competition in this pristine town. New owner is in the process of rehabing the vintage place. When completed the price will more than double.

Growth/Expansion: Elburn is a growing town, with a brand new metra line. Population is growing rapidly over the past several years.

Reason Selling: Moving to California.