Busy, Profitable Family Restaurant
Location: Illinois > Central / Downstate
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $400,000
Gross Revenue: $1,358,096
Inventory: $7,000 (Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Real Estate: $15,000 (Included in Asking Price)
Seller Financing: Seller will consider, real estate is included in sale.
Business Summary
Located in a major market in Central Illinois with sales of 1.35 million, profitable with real estate included. Serving breakfast, lunch and dinner with big catering potential, a fixture in the community for 25 years. Includes large parking lot. Asking price is $400,000. Also available, but not included in asking price are four income producing lots with houses. Call Tom Thompson at (309) 688-2972 or email tt@phxaffiliates.com.
About the Business
Year Established: 1983
Employees: 26 full time - 16 part time
Facilities: 8,000 sq ft building, well equipped, ample parking.
Market Outlook and Competition: Outstanding reputation.
About the Sale
Management Training and Support: Training will be provided.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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