Restaurant with Real Estate

  • Price: $4,500,000
  • Gross Income: $1,500,000
  • Cash Flow: $500,000
  • FFE: $300,000
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #3017
  • Year Established: 0
  • Financing:
  • Training:
  • Facilities: 8,000 sq ft.
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Thriving Landmark Northside Chicago Restaurant with Real Estate, Chicago This major northside Chicago restaurant is part family institution, part romantic paradise. It was serving delicious food to eager diners when many of its current customers were in diapers. The food, menu, and service of this classy restaurant have been acclaimed by Chicago and national critics for decades. The unique and delicious food attracts families and tourists; the extraordinary ambience has attractive generations of love birds out on their dates. The first-class physical plant is complete with bar area, complete and modern kitchen facilities, and up-to-date seating and banqueting accommodations. Undoubtedly part of the appeal is the site on which the restaurant is located. The real estate, which is included in the purchase price, includes three lots facing onto a premier northside thoroughfare, with plenty of free parking for patrons both on premises and by long-term arrangement with an adjacent landowner. Sales: $1,500,000.00 FF&E: $300,000 (included in Purchase Price) Seller?s Discretionary Cash Flow: $500,000 Asking: $4,500,000.00 Disclaimer: The information above was furnished by the seller. Neither Sunbelt of Will and Kendall Counties nor its agents has verified the information and makes no representations as to its accuracy or reliability. For more information, call Dana Frazier at Sunbelt of Will and Kendall Counties at 815-806-8401. Email: dfrazier@sunbeltnetwork.com For a complete listing of our currently available business opportunities go to: http://www.sunbeltnetwork.com/component/sbsearch.html?view=results&submit=submit&officeId=CHI06IL001

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Business Listed By

Dana J. Frazier 641 N. La Grange Rd., Illinois, Frankfort