Italian Restaurant With Full Bar and Pizza

Kane County, IL

Seller Financing Available
Italian Restaurant With Full Bar and Pizza
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Asking Price: $160,000

Cash Flow: $120,000

Gross Revenue: $515,000

EBITDA: N/A

FF&E: $65,000

Inventory: $15,000

Rent: $6,790 /Month

Established: 2013

Italian Restaurant With Full Bar and Pizza

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Business Description

Profitable Italian Restaurant with Growth Potential!

Italian Restaurant for sale! An excellent opportunity to own an Italian restaurant with a full liquor bar and a separate pick up and delivery area. This restaurant is located in a unique downtown area of Kane County near river, which has been operating very successfully for the last seven years. The restaurant currently runs absentee owner. The restaurant has nice interior decor with a full bar — lots of upsides for a buyer with excellent management skills.
Full liquor license.
The restaurant kitchen is fully equipped to handle rush hours.

Requesting only SERIOUS buyers
Accepting reasonable offers, with early closing.

Rent: $6790 Monthly
Seats: 150 + 65 in Bar + 25 in Patio
Lease 3 year with four years option
Employees: 8

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
6/30/2022
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
50% Down required
Support & Training:
2 weeks
Reason for Selling:
Retiring
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Business Listed By:
Danny Johnson

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