Seller Financing Available

Asking Price:

$300,000

Gross Income:

$700,000

Cash Flow:

$100,000

FF&E:

$75,000.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

2006

Employees:

5 - 25

Business Types:

Restaurants
Bars/Taverns

* included in the asking price

Business Description

What You re Looking For! This is what everyone wants. A top notch, turn-key restaurant/bar in the heart of the U of I campus. This established bar/restaurant has with fully equipped kitchen, multiple freezers, fridges and a walk-in cooler. Great sunny interior, numerous flat screen TV s and a a separate seating/bar area . This is a great place! Food service includes full range of specialty sandwiches, chicken strips, pizza and burgers. Seating for over 150 on 2 levels. Hours are M-Sun: 11 AM to 3 AM During School Season and T - Sat: 6 PM to 3 AM During the Summer (license includes carry-out until midnight) Off premise catering is allowed.

Detailed Information

Facilities:

4,000 SF, 2 level commercial building. Masonry construction with newer furnace & C/A, walk-in cooler, fully equipped kitchen, good tables and chairs, POS system, numerous flat-screen TV s. Outside patio/beer-garden. Campus town location with plenty of public parking. Seating for over 150. Low Rent.

Competition:

This is the place! The multiple TV s, specialty drink and food nights bring in a strong customer following from the campus and throughout Champaign.

Growth/Expansion:

The possibilities are great to bring in entertainment choices, promote sports events, promote catering capabilities.

Financing:

Depending on Buyer qualifications. Seller may discount price for Cash sale.

Support/Training:

Training for up to 7 days.

Reason Selling:

Too far from home.