Pizzeria Bar for sale in Chicago, NW Suburbs, includes Property
Seller Financing Available
Asking Price:   $1,200,000Inventory:   $25,000 **
Gross Revenue:   $1,017,368 (comments below)Real Estate:   $850,000 ++
Cash Flow:   $171,121 (comments below)FF&E:   $135,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Seller is happy to meet & discuss all details
Cash Flow Comments: Seller is happy to meet & discuss all details
Near Schaumburg, Arlington Heights, Elk Grove Village, & Hoffman Estates (In Cook County). Sale includes: The Real Estate, the Entire Business, all Equipment & all Fixtures. Total Purchase Price/Real Estate & Business = $1,200,000 plus inventory. Purchase Price/Real Estate = $850,000. Purchase Price/Business = $350,000 plus inventory.

This is a full service restaurant that has been in business since 1985 with a reputation for great food and service. After nearly 25 years, the owners are ready to retire. This well known restaurant has seating for 120 people, a bar, large dining room, annual sales over $1 million, wonderful food and is located in an extremely high traffic area with lots of foot traffic also. They are only open in the evenings and yet they do over $1 million in annual sales. They also have an incidental liquor license. This is a true turn-key operation with no need for remodeling. Stop in, try the food and see for yourself.
About the Business
Year Established:1985
Employees:6 full time - 11 part time
Facilities:Gross Building Area is +/-3,538 sq ft, Seating for +/- 120 people. RE Taxes = +/-$24,000.00/yr. Lot size = 4,000 sq ft.
Market Outlook and Competition:Excellent continued outlook for this long-term thriving business.
About the Sale
Management Training and Support:Sellers are happy to provide as much training as needed and discussed during purchase process.
Reason For Selling:After nearly 25 years, the owners are ready to retire.
Seller Financing:Seller may discuss some financing with qualified & experienced buyer/operators.

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Business Listed By
Dennis Hansmann or Tony Gavros  |  American Business Acquisitions, Inc.
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