Ethnic Restaurant
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
Yuppies Galore Frequent this Lincoln Park Ethnic Restaurant. This bistro-sized ethnic restaurant, specializing in ethnic food, hosts a brisk clientele of regular and new diners in the heart of what is arguably Chicago's hippest neighborhood, Lincoln Park.
Locals in the neighborhood have grown up with this institution, which is relied upon for take out and fast delivery.
In fact, the profits from takeout alone are enough to keep the restaurant thriving. This place has been around for a long time, and while trendy supper clubs come and go, nothing seems to have the staying power of this bedrock eatery.
The decor, which is a mix of ethnic and modern, can be rearranged or spruced up by a new owner with a good eye. Owner is selling for family obligations, but business has never been better. Contact for more information on this Ethnic Restaurant for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$360,000
Cash Flow:
$150,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $70,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1997
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: Other 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: 70053566
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