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Amazing Location Restaurant / Banquet Business
Location: United States -> Illinois -> Oakbrook Terrace
Industry: Food and Beverage > Other Food and Beverage



Business Summary

Amazing location 30,000 over 3 floors. New buildout in the heart of Oakbrook, 55% complete, banquets, weddings, restaurant, bar. First Class Operation WILL OPEN IN DECEMBER FOR HOLIDAY PARTYS. Were looking for equity partner for up to 49% interest. Already spent $3.5 million on building & land and $1,500,000 on buildout. Business projections are $12M to $15M a year in NOI. Looking for $1,700,000.
LOCATION: 22nd Street and Butterfield Roads. Partner does not need to be operator but welcome to participate and run operation.
Email or call Rob Krilich at 602-214-2222 or 877-574-5424 for more information on this Restaurant / Banquet business for sale. PRINCIPALS ONLY

Financials
Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $12,000,000
Cash Flow:   $12,000,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $5,000,000
Seller Financing:  No

About The Business
Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale
Management Training and Support:  Operation will staff and train all employees.
Reason For Selling:  Currently building-out space and looking for partner to share costs and possible management.

Photos

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Amazing Location Restaurant / Banquet Business Photo 1 Amazing Location Restaurant / Banquet Business Photo 2 Amazing Location Restaurant / Banquet Business Photo 3




Print Listing Id: 700139425
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