Profitable Downtown Pub, Restaurant

Chicago, IL (Cook County)

Profitable Downtown Pub, Restaurant
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Asking Price: $495,000

Cash Flow: $170,000

Gross Revenue: $850,000

EBITDA: $170,000

FF&E: $200,000

Inventory: $20,000*

Rent: $5,000 /Month

Established: 1980

*not included in asking price.

Profitable Downtown Pub, Restaurant

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Business Description

Five day a week operation with ability to expand to seven days. Open Lunch and Happy Hour until 10 pm, Monday thru Friday currently. Solid bar business for over 35 years. Landmark Pub, owner wants to retire.
Lunch menu with sandwiches, salads, and entrees liquor served all day and night.
Arm chair investment, all employees will stay

Detailed Information

Chicago, IL
Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
20 bar stools on huge bar, seating for 175 at tables and booths
very few liquor licenses in vicinity
Support & Training:
owner will train
Reason for Selling:
owner retiring
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Patrick Haris

Business Listed By:
Patrick Haris

Cambridge Realty & Brokerage

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