Family Restaurant & Bar
Location:
United States
->
Illinois
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Modern family resturant located in the downtown area of a Central Illinois community. The main resturant has seating for 60 with an adjacent bar area that has seating for 30. Resturant presently generates $500,000 gross revenue and a cash flow of $80,000. The owner would prefer to sell the 5,000 sq. ft. building which includes a banquet area and other undeveloped space. $300k for the business or $800k for the business and building. Contact for more information on this Family Restaurant & Bar business for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$500,000
Cash Flow:
$80,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: No
About The Business
Year Established: 1992
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
About The Sale
Management Training and Support: Negotiable
Reason For Selling: Retirement / Health
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70014571
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