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Established & Profitable Fine Dining

La Salle County, IL

Established & Profitable Fine Dining
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Asking Price: $775,000

Cash Flow: $142,748

Gross Revenue: $468,876

EBITDA: N/A

FF&E: $185,000

Inventory: $26,000

Real Estate: $475,000

Established: 1992

Established & Profitable Fine Dining

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Business Description

This listing is for a profitable restaurant in the far west suburbs of Chicago that is available to a qualified buyer. This long-established business offers a fine dining experience in a casual atmosphere. It offers a hands-on buyer a six-figure yearly income that has been consistently profitable over the last three years. Their menu includes fantastic steak and chops, seafood, sandwiches, pasta dishes and much more for a wide variety of appetites and budgets. They are open for both dinner and lunch. The dining room offers a relaxed atmosphere and seats 90 guests. Their fully stocked bar features a sports motif and seats 20 with a diverse selection of wines. The restaurant is located in a historic building that was completely remodeled in 2010 with hardwood flooring throughout and a stone fireplace. This real estate is included in the asking price and it is valued at $475,000. Over $200,000 in inventory, furniture & fixtures and equipment are also to be transferred with the business sale. Everything is in place for this to be a turn-key opportunity for a new owner. This restaurant is busy throughout the year and they have a large base of loyal customers and a terrific reputation in their marketplace. Their online reviews are top-notch as well. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Location:
La Salle County, IL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,000
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq ft. restaurant with 200 sq ft. included in the asking price and valued at $475,000
Growth & Expansion:
Increase Advertising, Add Video Poker, Build out Patio, Add Catering/Banquets/Rehearsal Dinners/Corporate Meetings
Support & Training:
Owner will train the buyer for 3 weeks
Reason for Selling:
Relocation
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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