A rare opportunity to acquire a staple, high-volume restaurant
Business Description
A rare opportunity to acquire a staple, high-volume restaurant and sports bar in the Central Illinois market. This offering includes the prime commercial real estate, all fixtures, furniture, and equipment (FF&E), and a fully operational, turn-key business. Ownership has heavily reinvested in the property over the last several years, virtually eliminating deferred maintenance for the next operator. The Property & Layout: Space: 6,633 sq. ft. freestanding building on a generous lot. Parking: 83 dedicated, on-site parking spaces. Dining & Bar: Sprawling 3,000 sq. ft. main dining and bar area, designed for high capacity and efficient service. Event Space: 600 sq. ft. private banquet room, creating an additional highly profitable revenue stream for private events. Outdoor: Includes a large, fenced-in outdoor beer garden and patio area. The Financials: Food & Beverage: A proven cash cow generating consistently strong numbers, averaging roughly $1.9 Million in annual gross sales over the last three years. Gaming: Highly lucrative, established gaming operation producing over $100,000 in additional annual revenue. Recent Capital Improvements (CapEx): The facility is fully equipped to handle major volume with significant recent upgrades, including: Brand-new, heavy-duty HVAC units installed in 2022 ($44k value). A massive walk-in freezer/cooler unit added in 2022 ($43k value). Modernized Toast POS systems and comprehensive security camera networks. Updated dining room furniture and outdoor patio seating recently added. Please note: This is a highly confidential listing. The business is fully operational and thriving. Please do not approach ownership, management, or staff. A signed Non-Disclosure Agreement (NDA) and proof of funds are required for the release of the exact location, comprehensive tax returns, and the full equipment list.
About the Business
- Years in Operation
- 16
- Franchise
- This business is an established franchise
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 6,633
Listing Info
- ID
- 2518376
- Listing Views
Business Location
Listing ID: 2518376 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. See our full Terms of Use. Learn how to avoid scams.
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