Restaurant with Full Bar Business for Sale in Third Lake IL

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

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Restaurant with Full Bar Business for Sale in Third Lake IL


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Buy this fully built, second generation restaurant and Bar Business for Sale in Third Lake, Illinois. At 2,500 square feet with seating for 85 and a Full Liquor License, this turn key space is ready for your concept or an easy refresh. Presented by We Sell Restaurants, this dinner focused operation offers a complete back and front of house buildout, ample parking, and strong neighborhood visibility so you can open quickly and start serving guests without the delays and cost of new construction.
Take over a serious kitchen with the gear you need to cook at scale. This Bar Business for Sale includes a hood system, in ground grease trap, fryer, 8 burner stove, flat top, grill, steamer, and wok, plus a three compartment sink, hand sinks, ample prep tables, sheet pan racks, and sturdy shelving that keeps service organized. Cold storage is covered with a walk in cooler, reach in coolers, a reach in freezer, under counter refrigeration, and sandwich prep coolers, complemented by a soup well, rice cooker, microwaves, and blenders for speed.
Front of house is equally set for success. A full bar includes an ice well, bar glassware, and service ware, backed by an ice machine, POS, sound system, multiple TVs, and a security camera network that protects your investment and supports smooth shifts. Seating for 85 with tables, chairs, bar stools, high chairs, and booster seats delivers comfort, while a display case and clean decor create a welcoming vibe, plentiful parking invites steady traffic, and a counter area supports takeout and third party delivery staging.
Own this location at an attractive $5,000 monthly rent for about 2,500 square feet. The layout delivers a defined bar, a spacious dining room, and a robust cook line with ventilation, making concept conversion simple and fast for casual dining, a sports lounge, or an upscale neighborhood spot. Flexible lease terms with option potential let you plant roots and focus on building sales, while the current dinner only schedule leaves lunch, brunch, late night, and catering wide open.
Seller is relocating and can provide a brief handoff to support your launch, and buyers may qualify for unsecured lending up to $500,000 to cover working capital, inventory, or light updates. Bring your offer to We Sell Restaurants today and schedule a confidential tour.
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About the Business
Years in Operation
3
Facilities & Assets
Hood, Grease Trap (In Ground), Fryer 1, 8 burner stove, Flat Top, Grill, 3 Compartment Sink, Steamer, Wok, Microwave, Blender, Rice Cooker, Smallwares(pots, pans, ladles, etc), Soup Well, Miscellaneous shelving, 1 Prep Table, Sheet Pan Racks, Scale, Display Case, Walk In Cooler, Glass Door Reach In Cooler , Reach in Freezer, Under Counter Cooler, Other Refrigeration, Ice Machine, Sandwich Prep Coolers, 35 Count of Tables, 70 Chairs, Seating capacity 6 people, Flatware, Service ware, Blenders, Ice Well, Sound System, Bar Glassware and Smallwares, Bar Stools, POS System Brand , Security System with Cameras, Copy machine, Store D?cor, Flat Screen TV?s, High Chairs, Booster Seats, Neon Signs, Trash receptacles, Utility Carts
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Been in business 20 years
Opportunities for Growth
Most owned homes, many buying homes near and longer hours
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Personal
Listing Info
ID
2466796
Listing Views

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Business Listed by: Eric Gagnon We Sell Restaurants

Listing ID: 2466796 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.