Profitable Nightclub / Venue and Restaurant (Suburbs)

IL

Seller Financing Available
Profitable Nightclub / Venue and Restaurant (Suburbs)
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Asking Price: N/A

Cash Flow: $400,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $13,000 /Month

Established: 2009

Profitable Nightclub / Venue and Restaurant (Suburbs)

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Business Description

Money making 1000+ person cap venue, night club and restaurant!

Grossed 2 Million last year with HUGE potential for growth. 5 Video poker terminals going live soon. DJ’s, Bands etc etc 2 stages. 3 bars and a full service restaurant. Close to 20,000 square feet. Directly off expressway on (2) high car count main streets. 2 patios. Huge free parking lot. 13k a month w taxes and cam. 10 year with a 10 year option. Very well received. A fresh excited new operator is all it needs. Current owner Is mostly absentee with other business interests.
Would consider selling a % to the right operator to bring in as a MANAGING partner.

Detailed Information

Real Estate:
Leased
Building SF:
18,000
Lease Expiration:
N/A
Employees:
30
Facilities:
On request
Competition:
Chicagoland
Growth & Expansion:
Big room for growth
Financing:
Must have substantial down with operating experience
Support & Training:
Negotiable.
Reason for Selling:
Other business opportunities and interest
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Contact the Seller

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Business Listed By:
The Owner

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