Hot Listing

Turn-Key Bar and Grill in Wheeling!! $123,723 in Owner Benefit

Asking Price$299,000

Cash Flow
$123,723
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$764,055

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Turn-Key Bar and Grill in Wheeling!! $123,723 in Owner Benefit


Asking Price$299,000

Cash Flow
$123,723
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$764,055

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Turn-Key Bar and Grill in Wheeling!! $123,723 in Owner Benefit
This Bar and Grill for Sale offers an incredible opportunity for a new owner to step into a thriving and profitable business. With annual sales of $764,055, this well-established location provides a solid foundation for continued success. The current owner benefits to the tune of $123,723 annually, making this an excellent investment for a hands-on operator or a seasoned restaurant owner looking to expand their portfolio.
This Bar and Grill for Sale boasts a prime location, which is a key factor in its success. Surrounded by both residential and business communities, there's a consistent stream of regular customers as well as new faces drawn to the area. With a monthly rent of $12,999, this is a financially feasible opportunity compared to starting from scratch. Additionally, the favorable lease terms help reduce the risk and ensure long-term stability for the new owner.
At We Sell Restaurants, we understand that financing is a crucial step in securing a new business. That's why various financing options are available for this Bar and Grill for Sale, allowing qualified buyers to step in with minimal upfront costs. We can help you navigate the loan process and connect you with trusted lenders who are ready to support your goals. Whether you're a first-time buyer or an experienced operator, this listing offers all the elements you need to succeed.
Located in Wheeling, this Bar and Grill for Sale is fully turn-key, offering a complete setup that allows a new owner to step in and begin operations immediately. The layout is designed for efficiency, with a welcoming atmosphere that appeals to both regulars and new guests. Buyers can move forward with confidence knowing the business is ready to operate from day one without additional time or investment.
This Bar and Grill for Sale is an independent concept, so no franchise fees or royalties here! When you purchase this open and operating profitable business, YOU are in charge! Keep the current menu items customers rave about, or add your own flair and dishes. The choice is yours when you operate your own business.
The seller is motivated to sell quickly and is open to serious offers on this Bar and Grill for Sale. They are prepared to work closely with a qualified buyer to ensure a smooth and timely transaction.
Hit the ground running with this Bar and Grill for Sale, and keep enjoying these $123,723 of owner earnings, when you take on this profitable location. Fully staffed with 10 employees that keep the customer happy and the $764,055 rolling in!
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About the Business
Years in Operation
4
Number of Employees
10
Facilities & Assets
3 Comp Sink
Steam Table
2 Door Prep Cooler
Double Stack Convection Oven
Refrigerated Equipment Stand with Drawers
4 FT Char Grill
5 FT Flat Top Grill
Salamander
2 Door Sandwich Prep Cooler
Alto Sham Warmer
2 Door Prep Cooler
Four Well Steam Unit
Heating Lamp with Base
4 Burner Stove
Deep Fryers
3 Door Prep Cooler with SS Top
Meat Slicer
Shelving
Walk In Cooler
Walk In Freezer
Stainless Steel Tables
20 Ft Exhaust Hood
2 Door Prep Cooler
Ice Bin
2 Door Prep Cooler
Tables and Chairs
3 Station POS System
Taylor Ice Cream Machine
Ice Machine Leased
Dish Washer Leased
Camera Security System
Employee Lockers
Bar Area
3 Door Glass Beer Cooler
3 Compartment Sink at Bar
Ice Bin at Bar
Bar Rail
2 Door Prep Cooler
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
.Located in the same plaza as major power tenants, including a large/new movie theater and Starbucks, it benefits from the constant flow of visitors. The A+ shopping center, along with the nearby park district and new developments, creates a bustling environment with a vibrant atmosphere. Ample parking and a desirable intersection at Route 68 and Route 45 further enhance its accessibility.
Prime Location & Neighboring Anchors
Situated in a high-traffic corridor of Wheeling, IL, the store benefits from strong visibility and proximity to established names like Starbucks, Movie Theater, Moretti?s. The area is already a well-known dining and entertainment hub, which drives consistent traffic and awareness.
Diversified Revenue Potential
Unlike a standard restaurant, this business combines casual dining, a full bar, and slot gaming. This mix not only attracts multiple customer segments but also creates additional revenue streams beyond food and beverage sales.
Opportunities for Growth
The surrounding area continues to grow, with nearby developments and steady local demand. The space is versatile and positioned for expansion of events, promotions, and community-driven traffic. A new owner has a strong foundation to scale.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$12,999.00 per month
Lease Expiration
9/1/2034
About the Sale
Seller Motivation
Relocation
Transition Support
1 Week Owner Training
Listing Info
ID
2405199
Listing Views
440

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Business Listed by: Zoltan Lukacs We Sell Restaurants

Listing ID: 2405199 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.