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Restaurant #2151

DuPage County, IL

Seller Financing Available
Hamburger
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Asking Price: $1,700,000

Cash Flow: $640,000

Gross Revenue: $4,900,000

EBITDA: $515,000

FF&E: $480,000

Inventory: $33,000*

Real Estate: N/A

Established: 1996

*not included in asking price.

Restaurant #2151

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Business Description

The Company is a well-established restaurant located in the Suburban Chicago area. The restaurant has been in business for over 20 years and offers catering, carry out, a bar area and video gaming. The Company is well positioned to continue its performance in sales and profitability. Utilization of the restaurant’s loyal customer base and solid reputation provides an industry related company access to a well established customer base and a competent and loyal workforce. In 2018, the Company yielded $4,800,000 in revenue with EBITDA of $500,000. The Company is on tract to achieve $4,900,000 in revenue with $515,000 adj. EBITDA for 2019. The key management people will stay with the company, with just the owner leaving. The owner will help the new buyer through the transition period. The Company has a strong customer base and is well known in their market territory. Their key to success has been to provide fresh, quality food at a reasonable price and to provide friendly customer service.

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Detailed Information

Location:
DuPage County, IL
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
5,500
Employees:
70
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Restaurant building is over 5, 500 square feet. The restaurant area is over 4,000 square feet and the kitchen area is over 1,000 square feet. The seating capacity is 225 people and 50 patio. Seller wants to lease the building to the new owner.
Competition:
Does not lose customers, company grows every year
Growth & Expansion:
numbers speak for themself.
Financing:
5%
Support & Training:
Seller will train up to 90 days
Reason for Selling:
The owner feels right time to sell, spend more time with family
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Todd Cushing CM&AA, CMEA, SBA, FRC, BTS

Business Listed By:
Todd Cushing

EBIT Associates, Ltd.

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