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Iconic DT Tinley Restaurant and entertainment establishment for sale.
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Owners will consider all legit offers. $3.5 million for business and building
Price lowered, motivated sellers. Gorgeous Full-service restaurant, banquet private room rental, huge outdoor patio. A must-see opportunity. located in Downtown Tinley Park IL in the Southwest Suburbs of Cook County IL. This is a great opportunity for a restaurant group to expand into a new area and add another location. Total ask price for real estate and restaurant/bar is $3,500,000. Complete renovation done in 2022. No deferred maintenance!!!
About the Business
- Employees
- 30
- Facilities & Assets
- This place is really brand new as it was completely renovated recently. No deferred maintenance. Plenty of room indoor and outdoor. This is really one of the only restaurants, in this area, where you have enough outdoor room for concerts and other outdoor entertainment for your customers. You have a large private room for all types of events, including weddings. You can also rent the entire location for afternoon weddings on Saturday or Sunday.
Restaurant and Bar being sold with the real estate as a package for $3,500,000. Serious Buyers Only. - Market Outlook / Competition
- Plenty of bar and restaurant competition, but very little competition regarding the outdoor facility.
- Opportunities for Growth
- Huge opportunity, add cover charge, add gambling, additional outdoor concerts.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Owners have full time jobs elsewhere and are focused on other opportunities.
- Transition Support
- Current owners will stay on at no cost for 30 days for complete training. Will stay on to consult longer if needed. Perhaps up to 6 months depending on arrangement and hours.
- Financing Options
- Seller financing only up to 10 to 15 percent of the purchase price subject approval.
Listing Info
- ID
- 2395998
- Listing Views
- 2427
Listing ID: 2395998 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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