Drive-In Restaurant Peoria, IL

Tazewell County, IL

Seller Financing Available
Drive-In Restaurant  Peoria, IL
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Asking Price: $125,000

Cash Flow: $80,000

Gross Revenue: $576,323

EBITDA: N/A

FF&E: $20,000

Inventory: $2,000

Real Estate: $140,000*

Established: N/A

*not included in asking price.

Drive-In Restaurant Peoria, IL

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Business Description

Great Location
Excellent Reputation
All Equipment is up-to-date
Real Estate is available for purchase or lease
Annual Sales; $576,323
Very Profitable
Owner wishes to retire
Open 6 ½ months.
Long time core employees
Asking Only: $125,000
Possible Seller’s financing.
Unique food with a following

Detailed Information

Location:
Tazewell County, IL
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,800
Employees:
35
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Originally constructed as a drive-in restaurant. Owner has done an excellent job of maintaining the building and the lot.
Competition:
This is one of the very few drive-in restaurants in the area. Excellent reputation and great food! On a summer evening it is difficult to find an open spot.
Growth & Expansion:
Some of the products are made on site and could be packaged for off-site sales.
Support & Training:
Owner will provide
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
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Steve Sink    Lifetime CBI&M&AMI

Business Listed By:
Steve Sink, CBI-M&AMI

Phoenix Affiliates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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