Turnkey on/off premise bar & retail shop

Lake County, IL

Seller Financing Available
Turnkey on/off premise bar & retail shop
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $25,000

Inventory: $30,000

Rent: $2 /Month

Established: 2010

Turnkey on/off premise bar & retail shop

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Business Description

On and off premise sales for both wine and craft beer. Recently expanded to gourmet foods and cheeses. Monthly guaranteed reoccurring sales based on memberships. Limited kitchen operation. Run as absentee owner. Ideally should be owner operator.
Lot's of opportunities for new revenue streams. Location is on a popular downtown location. Pillar of the community business .

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,550
Lease Expiration:
2/28/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment to run kitchen, including coolers, ovens, retail coolers. All tables, merchandising racking and storage.
Competition:
Very limited local competition. Niche market operation.
Growth & Expansion:
Local area continues to grow. Opening new areas to bring people to the area in the summer months. New revenue streams available with some new products.
Financing:
seller willing to finance with 75% down
Support & Training:
Owner willing to stay on as needed by buyer.
Reason for Selling:
personal reasons
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Business Listed By:
MATTHEW FROEHLICH

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