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MOTIVATED SELLER -Amazing Bar w additional Annual gaming income $100K

Fox Lake, IL (Lake County)

Entrepreneurship at its best.
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Asking Price: Get Financing: $535,000

Cash Flow: $400,000

Gross Revenue: $2,700,000

EBITDA: N/A

FF&E: $500,000

Inventory: $90,000

Real Estate: $2,715,000*

Established: 2006

*not included in asking price.

MOTIVATED SELLER -Amazing Bar w additional Annual gaming income $100K

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Business Description

Restaurant and Pub with Banquet Hall, Hugh Outdoor Deck and Gaming Located on the Lake - Gaming $10,000 per month mth!

This is a beautiful full menu restaurant and pub with gaming and a great outdoor deck! Has a beautiful banquet hall with seating up to 125 people.

This very busy, fun neighborhood restaurant and pub serves a full menu of great food and cold beer with plenty of wide screen tv's, gaming area, full banquet hall and a HUGE outdoor deck. Featuring bands on the weekends looking out over the water.

Menu features, Soup Salad, Sandwiches, Raw Oysters, Calamari, steak, burgers and much, much more.

When the weather is nice, Sit outside and listen to bands while overlooking the lake. When weather is not so nice, sit inside and listen to bands or play on one of the casino style gaming machines.

This is a very busy bar and grill that needs ownership ready to hit the ground running
If you are looking for a quality opportunity in the Bar and Grill space, stop looking and start by calling us and let’s get the process going

Real Estate and Business must be sold together!
• Business = $ 535,000.00
• Real Estate = $2,065,000.00

Please call:
Next Level Business Advisors
847.461.3222 ext 204

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
14,517
Employees:
FT 55, PT 5-10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Located on a beautiful motorized lake. Well known in the area
Growth & Expansion:
Home delivery in the winter months
Financing:
OPEN
Support & Training:
Owner will stay on post close for training
Reason for Selling:
Other Business Interests
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Contact the Seller

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Les Veil

Business Listed By:
Les Veil

Next Level Business Advisors

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