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Steakhouse & Saloon
Location: United States -> Illinois -> Alton
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Steakhouse & saloon in Alton, IL has full bar and has been in existence for 8 years. Has new gaming machines (slot machines, video poker and more). Good cash flow and even better for owner/operator. Currently has 3 managers.

Turn key opportunity. Owner is a out of town owner and cannot supervise due to other business responsibilities. Price includes, building, equipment and furnishings, with computer ordering system. Asking price is $495,000. Will consider some owner financing down payment. Contact S.C. at 615-957-2728.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,300,000
Cash Flow:   $115,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Turn key - will train.
Reason For Selling:  Other business in Tenn. is forcing move and unable to supervise from another state.




Print Listing Id: 700219365
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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