Profitable Fine-Dining & Sports Bar W/ Gaming For Sale

Batavia, IL (Kane County)

Seller Financing Available
Dining Area 1
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Asking Price: Get Financing: $250,000

Cash Flow: N/A

Gross Revenue: $720,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $7,000 /Month

Established: 2011

Profitable Fine-Dining & Sports Bar W/ Gaming For Sale

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Business Description

Fantastic downtown location with lots of parking

High-Quality, Successful, and Profitable FINE DINING Restaurant and SPORTS BAR with MANY EXTRAS!!! Business is OPEN and PROFITABLE right now! DO NOT DISTURB EMPLOYEES

ADDITIONAL FEATURES:
- Separate TAKE-OUT / DELIVERY KITCHEN that sells lots of food for walk-up/take out customers.
- 5 new VIDEO GAMING SLOT MACHINES.
- Large PATIO AREA that overlooks large park area and amphitheater
- Large KITCHEN area with all working and clean equipment; Dishwasher; Walk-in Cooler; and more!
- 2nd KITCHEN area in the Take-Out area that includes fantastic large Pizza Oven; Food Warmers; and more!
- Great interior layout that can accommodate for many PARTY BOOKINGS. 30, 50, and 120 people at one time.
- Great Chef, Servers, and Staff that would be available for hire with new owners
- Restaurant has been successful for over 7 years

SALE DETAILS:
- Seller is asking $250,000 that will include ALL furniture and fixtures, including all kitchen equipment. Inventory Cost would be separate, but Seller can reduce Inventory so that cost is very minimal at time of closing.
- Current Lease is approx. $7,000 Gross Rent per month. There is 6 years left on Initial Term of Lease, plus 2 x 5 year Option Terms.
- Buyer would assume existing Lease as part of Closing
- Seller will consider OWNER FINANCING (call for details)

CONFIDENTIAL LISTING - CONTACT US FOR MORE DETAILS

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
7/10/2024
Employees:
8
Facilities:
All lighting, furniture and fixtures; tables and chairs; all clean and working Kitchen Equipment; Dishwasher; Walk in Cooler; Pizza Oven; and more
Competition:
This is the best location for this type of business in town. Very close to large park area, outdoor amphitheater, and more.
Growth & Expansion:
Great business that is generating $60,000 in total sales per month! This business can continue to generate great revenues with ZERO REMODELING; or new buyer could expand the SPORTS BAR AREA and turn this into a large sports bar.
Financing:
Seller will consider all serious 'Seller Financing Offers'
Support & Training:
Seller is absolutely willing to provide a sufficient TRAINING PERIOD to teach new Buyer how to run this business, upon their request. Such training would take place after Closing.
Reason for Selling:
Owner has other successful businesses and would like to devote time to those
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Business Listed By:
David Miltenberger

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