Steakhouse With Old World Charm and Real Estate

Asking Price$50,000

Cash Flow
$29,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$120,000

Inventory$8,000
Included in asking price
FF&E$145,728
Included in asking price
Real EstateNot Disclosed

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Steakhouse With Old World Charm and Real Estate


Asking Price$50,000

Cash Flow
$29,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$120,000

Inventory$8,000
Included in asking price
FF&E$145,728
Included in asking price
Real EstateNot Disclosed

Business Description
Steakhouse With Old World Charm and Real Estate
Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor and the broiler has recently been replaced. Large walk-in freezer is in place to allow you to stock up as needed. Experienced employees are in place. Great chance to purchase a restaurant for less than it would take to outfit and open it yourself. The real estate is also for sale. For any questions related to the real property portion of the sale, or to schedule a private showing, please contact the listing brokerage, DBK Realty IL, LLC.
About the Business
Years in Operation
85
Facilities & Assets
This is an owned location. Seller is active. Hours of operation are Wed-Fri 11:30 - 8:30, Sat 12:30 - 8:30. $8,000 in inventory and $145,728 in FF&E included in the asking price. $90,000 made in leasehold improvements. Liquor license required.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
2 weeks
Listing Info
ID
2422471
Listing Views
32

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Business Listed by: Bruce Thompson First Choice Business Brokers

Listing ID: 2422471 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.