Unique opportunity to own a piece of delicious LaSalle County history!

La Salle County, IL

Unique opportunity to own a piece of delicious LaSalle County history!
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Asking Price: $229,000

Cash Flow: $120,000

Gross Revenue: $668,088

EBITDA: N/A

FF&E: $30,000

Inventory: $5,000

Real Estate: $521,000*

Established: 1969

*not included in asking price.

Unique opportunity to own a piece of delicious LaSalle County history!

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Business Description

ESTABLISHED IN 1969! THIS WILL GO FAST!!

Settle in for nostalgia and a huge breakfast at this local family diner.

An impressive loyal customer base, extensive comfort food menu, and long-term catering clients mean a positive cash flow turnkey business.

It’s not often you find a deal like this. The asking price includes time with the previous owner, all kitchen equipment, truck for deliveries, and inventory.

Plus, you’ll walk in owning the land and a completely remodeled building, which saves you money on lease terms.

Best of all, you get to be part of an established community with long term potential for growth. Take a look while it’s still available

Expedite Disclosure with our Online Digital NDA at: https://www.leadingedgebrokers.com/buying-a-business/nda/

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,420
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5 FT, and 10 PT employees. Very clean, updated and maintained with seating for 122 Many recent interior upgrades. Bar seating for customers along with booths and tables. Very spacious kitchen, and very well kept equipment.
Competition:
This restaurant is a staple in the community. Very well known with a very loyal following.
Growth & Expansion:
Many avenues for revenue growth. Will discuss with potential buyers. Can purchase and own the Real Estate for less than a lease!!!
Support & Training:
Owners will ensure a smooth transition
Reason for Selling:
Retirement
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Contact the Seller

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Dana Jennings

Business Listed By:
Dana Jennings

BBDC

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Sponsoring Broker:
Toby Barker

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