$150,000

Restaurant

Illinois/Schaumburg
Financials
  • Price: $150,000
  • Gross Income: $4,900,000
  • Cash Flow: $500,000
  • FFE: $480,000
  • Inventory: $33,000
  • Real Estate Value: $0
  • Source Data: 0
About the Business
  • Listing ID: #2151
  • Year Established: 1996
  • Financing: 5% seller
  • Training: 90 days
  • Facilities: The Restaurant building is over 5, 500 square feet. The restaurant area is over 4,000 square feet and the kitchen area is over 1,000 square feet. The seating capacity is 225 people and 50 patio.
  • Competition:sales grow every year
  • Growth: 5% a year
  • Employees:

Property Descriptions

The Company is a well-established restaurant located in the Suburban Chicago area. The restaurant has been in business for over 20 years and offers catering, carry out, a bar area and video gaming. The Company is well positioned to continue its performance in sales and profitability. Utilization of the restaurant’s loyal customer base and solid reputation provides an industry related company access to a well established customer base and a competent and loyal workforce. In 2018, the Company yielded $4,800,000 in revenue with EBITDA of $500,000. The Company is on tract to achieve $4,900,000 in revenue with $515,000 adj. EBITDA for 2019.   The key management people will stay with the company, with just the owner leaving. The owner will help the new buyer through the transition period.   The Company has a strong customer base and is well known in their market territory. Their key to success has been to provide fresh, quality food at a reasonable price and to provide friendly customer service.

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

Todd Cushing 100 S. Saunders Road, Suite 150, Illinois, Lake Forest