$595,000

Full Service Family Restaurant

Illinois/Chicagoland
for sale
Financials
  • Price: $595,000
  • Gross Income: $1,000,000
  • Cash Flow: $144,000
  • FFE: $200,000
  • Inventory: $15,000
  • Real Estate Value: $1,900,000
  • Source Data:
About the Business
  • Listing ID: #N115
  • Year Established: 2004
  • Financing:
  • Training: Seller will stay on and provide training for a period of time and terms to be discussed prior to offer. Seller also acknowledges a non-compete agreement is negotiable.
  • Facilities: Facility and kitchen are in great condition – only 4 years old. Building is available for lease or purchase.
  • Competition:
  • Growth: Among other possible growth opportunities, a new owner could increase cash flow by:o Increasing advertising expenditures and/ or offering specials. The current owner spends very little time or money advertising the business.o Keeping the restaurant open later in the day (it currently closes at 3 p.m. every day). Keeping the restaurant open until 8 p.m. or later would only need to cover variable food, labor and overhead costs to improve cash flow. o Devoting more attention to the business – the current owner also has many other investments.
  • Employees:

Property Descriptions

This family friendly restaurant is packing 'em in with delicious food, classy surroundings and a fantastic location.With a menu that offers delicious breakfast dishes and exquisite lunch plates, customers are sure to enjoy a dish of their preference. The completely up-to-date, very clean kitchen is a chef's dream. Traffic, especially on weekends, is heavy and brisk. Hundreds upon hundreds of patrons bring their entire family to enjoy the tasty meals offered at this local favorite. The numbers on this business speak for themselves. Suffice to say, this business would be a great opportunity for anyone looking for a proven business model with an established customer base.For more information, e-mail Dana Frazier at dfrazier@sunbeltnetwork.com for a non-disclosure agreement and to initiate next steps.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Dana J. Frazier 641 N. La Grange Rd., Illinois, Frankfort
Featured Brokers
  • Lake Country Advisors
    Confidential, discreet professional services to privately held business owners.Specialists in 401k/IRA business funding.VR has sold more businesses in the world than anyone.®
    www.lakecountryadvisors.com
  • Sunbelt Business Brokers of Atlanta
    Sunbelt Business Brokers offers professional and reliable services for clients who are interested in buying and selling privately held businesses, mergers & acquisitions in the Atlanta, Georgia areas.
    www.sunbeltatlanta.com
  • BTI Group / Business Team
    Business Team, a unit of BTI Group, is the largest Business Brokerage firm in the Western United States specializing in arranging the purchase and sale of privately owned companies
    www.business-team.com

Business Resources
Recover Password?