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!
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.
Keep the current Irish concept or make it your own!!
Premal Finance Investment are groups of company from Asia Region, currently in United State,Kingdom of Thailand ,United kingdom, we provide our valuable customers a platform where they can proliferate and gain profits through our association, we are currently seeking means of expanding and relocating our business interest in the following sectors: real estate, mining, transportation, farming,education ,and oil & gas sector.
If you think you have a solid background an idea of making good profit in any of the mentioned business sectors in your country, Please write us for possible business co-operation. More so,We also offer guaranteed and unlimited Loan/Fund services of any amount to individuals, companies who needs loan to either fund their business or to execute their project with a interest rate of 5%, We need a Representative/Agent who can introduce client to us for funding and you will earn a 10% commission on any client you introduce to us, loan and project financing is highly accepted. Looking forward for possible business collaboration with you.
PREMAL FINANCE INVESTMENT
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.
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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