Turnkey Bar & Grill w/ Great Food & Gaming

Winnebago County, IL

Neighborhood Pub with Food
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Asking Price: $295,000

Cash Flow: $160,598

Gross Revenue: $806,710

EBITDA: N/A

FF&E: $100,000

Inventory: $12,000*

Rent: $3,400 /Month

Established: N/A

*not included in asking price.

Turnkey Bar & Grill w/ Great Food & Gaming

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Business Description

Neighborhood Pub with Food - Great Business!

Business Description
Well Established & Popular Bar.& Grill with Gaming for Sale in Winnebago County

* This is an opportunity to become owner of a Bar & Grill with high volume gaming that has established itself for it's menu variety, atmosphere and location. Very popular place to watch games on many of their flat screen television. Known for their daily and seasonal menu specials. Strong dart leagues.

This is a great bar that is run daily by the ownership. Great staff in place.

Great neighborhood bar with outdoor beer garden for summer time enjoyment.

The business currently has a cozy atmosphere and has separate seating to get away from the main crowd.

This sale includes the business entity as well as all furniture, all fixtures, all equipment owned by the business. Inventory of $10-12,000 is to be purchased at cost in addition to the purchase price.

Key upside for new owner:

Profitable Bar & Grill
+ City liquor license
+ Late night Saturday hours
+ Long history in business
+ Plenty of parking
+ Busy high traffic location
+ Flexible business model
+ Flexible interior space
+ Lots of storage
+ Camera system
+ Training and support from seller
+ Much more...

Details:

Purchase Price: $295,000 plus inventory (includes business entity)
Annual Gross Sales (approximately): $800,000
Annual Cash Flow to Owner (approximately): $225,000
(Current owners are owner/operators.)

Hours of operation: Monday - Saturday 11AM-2AM, Friday - Sunday 11AM-Noon

** This sale and the business location are confidential. In order to accommodate prospective buyers, the location details as well as in-person meetings with the seller are being scheduled once a confidentiality agreement is in place and the financial ability of each buyer has been established.

Please contact Bill for more details.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,400
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Excellent Facilities.
Support & Training:
Owner to provide support.
Reason for Selling:
Career change.
Contact Seller

Contact the Seller

(from currently available funds)
 
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William P. Satterlee

Business Listed By:
Bill Satterlee

Satterlee & Associates Inc.

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