Restaurant For Sale
Location:
United States
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Illinois
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Chicago
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Thriving Landmark Northside Chicago Restaurant with Real Estate, Chicago.
This major northside Chicago restaurant is part family institution, part romantic paradise. It was serving delicious food to eager diners when many of its current customers were in diapers.
The food, menu, and service of this classy restaurant have been acclaimed by Chicago and national critics for decades.
The unique and delicious food attracts families and tourists; the extraordinary ambience has attractive generations of love birds out on their dates.
The first-class physical plant is complete with bar area, complete and modern kitchen facilities, and up-to-date seating and banqueting accommodations.
Undoubtedly part of the appeal is the site on which the restaurant is located. The real estate, which is included in the purchase price, includes three lots facing onto a premier northside thoroughfare, with plenty of free parking for patrons both on premises and by long-term arrangement with an adjacent landowner. Contact for more information on this Restaurant for sale.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$1,500,000
Cash Flow:
$500,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $300,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1987
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will train.
Reason For Selling: Othr ventures.
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: 70052790
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