Published Selling Price incl. Real Estate - Gaming Revenue $7K / month

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Asking Price:
$815,000

Gross Revenue:
$370,000
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$60,000
included in asking price

FF&E:
$60,000
included in asking price

Real Estate:
$715,000
included in asking price

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Business Description

Amazing opportunity to own your own full-service bar and grill on the water. Professional fully equipped kitchen, POS system and extra’s. Daily food and drink specials. Serving delicious pizza, burgers, as well as sides and appetizers. Full bar beers on tap, beer coolers, and additional tasty drinks. The basement has a liquor storeroom.

This business is in Prime retail space in a freestanding building with ample parking by a busy intersection. DAILY TRAFFIC COUNT IN 2017 ALREADY POSSES 23,050 CARS / TRUCKS. Think of all the hungry, thirsty customer’s passing by DAILY

Real Estate and Business must be sold together!

Please call: 847.461.3222 ext 204

About the Business

Location:
Volo, Illinois
Year Established:
1991
Number of Employees:
1 FT & 7 PT
Real Estate:
Owned
Building Sq. Ft.:
4,500
Facilities:
Spacious interior. Relaxing atmosphere. Plenty of bar stool seating which surrounds a handsome bar and high tops in addition to tables and booths. Weather permitted, this venue features live bands outside overlooking the water, likewise, if the weather shifts, the business can adapt and the live bands perform inside.

Besides having plenty of TV’s to watch all the sporting events there is a billiards table, a juke box, dart boards and a newly remodeled video gaming space. The locations annual gaming revenue is $70,000. Also included is an ATM machine.

Real Estate:Completely remodeled in 2016 which also included a NEW roof as well as NEW electric and pluming throughout the building.

Already surrounded by a vast residential area with a new development currently breaking ground.
Growth & Expansion:
This gem needs new ownership to compliment the on-going exciting
committed changes happening around the surrounding area. Improve on the current Sports Pub theme or cultivate your own. Either way, if you are looking for a quality opportunity, stop looking and start by calling us to get the opportunity going.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will stay post close to help with training

Listing Info

ID:
1652017
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  NLBA-BBS-NDA.pdf (531 KB)
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Business Listed by

Les Veil

Next Level Business Advisors

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