Will County, IL
This tavern/sports bar has been in business for approximately 7 years total. The current owners acquired the business in April, 2012. Since acquiring the business, they have done quite a bit to improve the business, and as a result, improve the sales & cash flow as well. They have 2 liquor licenses and since taking over in April 2012, they have added an off track betting parlor (as a tenant that rents space on premise), as well as 5 video poker machines. The city it’s located in only recently approved video gaming however, this sports bar was prepared to move quickly & had the machines up & running in short order. As a result, the poker revenues have been very strong.
Asking Price/Business only: $495,000 plus inventory
Gross annual sales (approximately): $1,281,951.39
Cash flow (approximately): $253,003.10
Value of furniture, fixtures & equipment (approximately): $145,000.00
Value of Inventory (approximately): $55,000.00
A great neighborhood place featuring casual American dining and plenty of sports entertainment!
Large open space with plenty of seating. Full bar with two drafts, large cooler, wide selection of bottle beers and mixed drinks. Plus a hidden fully-equipped compact kitchen with 6ft hood serving a simple, yet delicious menu of appetizers, wraps, sandwiches, burgers and salads. Plus Friday fish fry. Camera system. POS system leased for $199/mth.
Six plasma TV’s to watch sports. Two dart boards. Coin operated Tornado foosball game and digital jukebox for personalized music. Live jazz on Wednesdays. Weekly trivia, foosball, dart and poker “meet-ups”. Amazing expandable wood deck out back. Ample parking in rear. They also offer party packages, fundraisers, host dart leagues & tournaments and sponsor sports teams. Great place to add video poker machines!
Keep the current Irish concept or make it your own!!
Prime retail space on Lincoln Ave near Foster, lined with busy shops, restaurants and other popular retail establishments. Densely populated commercial and residential area with a steady stream of passing foot traffic. An ideal location within this sought after booming Chicago community.
Busy corner of Lawrence and Central in Jefferson Park. 2nd generation restaurant for $80,000. Rent is $3,500 NNN.
Be in business in less than three weeks! Start making money now in this Vintage shot and beer Saloon with a proven 73 year track record of satisfying thirsts. Price includes the biz and the Real Estate! No more negotiating leases and dealing with landlords. Free standing all masonry building comes with the impossible to get rare "Tavern License!" Conveys with this sale as it is in an "S" Corp.! No other bars can be licensed in this entire ward! Four flat screen t.v.s. Walk in cooler for extra beer storage, reach ins behind bar. Owner keeps an on hand beer and booze inventory of between 6 and 8 thousand dollars.
Located next door to a Funeral Home, this biz has been providing a very good living for the current owner of 25yrs. This establishment is for sale because we are retiring and relocating to Texas. The customer base is made up of great and loyal people. Private party room in rear rents out regularly. New tear off roof is two yrs. old and cost $26,000.00 Furnace and Roof top A/C are 6yrs old. H/W tank 5yrs old.
We have operated this biz semi-absentee for the entire 25yrs. Our staff does a great job and we can observe the biz from our security system at home or on the road. We only go in to collect receipts from the daily sales and to check inventory and are gone before the first customers arrive. We close on all holidays and only run a day shift on Sunday and Tuesday. A hands on operator could up the profits substantially by extending hours and opening on all Holidays. Though profits are good right now! Biz is on busy Addison street with plenty of free parking!
This incredibly plush restaurant / lounge is fully equipped, with Tavern, PPA and Food Licenses can be run as a restaurant or just lounge with DJ and cover charge
Chicago South Suburb, IL
50% OFF Appraised Value 2 Business BAR + Liquor Store Huge Upside
HUGE UPSIDE POTENTIAL.
OWNER IS AN INVESTOR AND WILLING TO SELL AT GREAT LOW PRICE. 50% OFF THE ORIGINAL APPRAISAL.
Business had lost the license of the Bar Business sometime ago. The Current Owners Just got it back recently.
With New License to reopen the Bar Business, the location has 50% more potential to Grow, with opening of late hours bar.
Location is pre-approved for Video Poker Gambling Machines and this profit center is being added. That shall increase another NET income revenue of at least $5,000 per month and up-to $10,000 (depending on the traffic),
Huge Parking lot,
Bar has Beer Garden Patio with seating area of 80+ customers in nice weather. Bar has multiple TVs, recently being remodeled, new paint, new flooring, tiles . New signage being added to attract more customers.
You cannot go wrong with this investment.
This business (liquor store and bar) and property was appraised at $1,000,000 in 2009 by an SBA Lender.
Just re-opened after getting new licenses.
Already Doing $50,000 monthly in liquor store sales.
Plus bar grand opening shall add HUGE $$$$$$ TO THE BOTTOM LINE PROFIT FOR THE OWNER and the installation of Video Poker gambling Machines.
Bar was doing in $60,000 per month in sales before it was shut down for license violation. That is big prof center @ very high profit mark up of 75%-85%. All Financial Information, tax documents available and shall be shared with qualified and serious buyers.
FILL IN THE ATTACHED NDA FORMS TO OBTAIN MORE DETAILED INFORMATION.
Heart of Wriglyville on Clark St. TURNK KEY Tavern / Restaurant with Rare clean License
Located in the Heart of Lincoln Pk on a busy street , Turn Key fully equipped in great condition, ready for new owner to take this business to next level
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