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BBQ Restaurant In Cook County For Sale

Palos Heights, Illinois
Asking Price:
$75,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$260,000
Cash Flow:
$90,000

BBQ restaurant for sale, asking $75K. Location has been open almost 10 years. Owner operated, turn key location. 2 owners + 1 employee runs entire location. Large catering business. Open 6 days a week. Closed for all major holidays. Last year restaurant was closed for 69 days. Potential for additional revenue if you choose to open 7 days a week. Gross sales of $280K annually. Profitable business.

In the past 14 months we have had our 3 biggest grossing days, in our 10 year existence, 2 of those days happened in the last 30 days. 30 days ago we had our biggest day yet, $3800 ring, with only 3 guys and we didn't have one problem. This place runs itself. Things are picking up. Get in now before our asking price goes up. Only major BBQ competitor recently changed to a Greek restaurant (Previously Bon-a-pit 12100 s Harlem) Nick BBQ on 127th Harlem, is not a true BBQ, they are more of a hotdog fast food restaurant).

We smoke all of our meats on location, Brisket, Pork, Ribs, Chicken, Ribtips, etc) Willing to train new owners. We have a big regular following. This business has never using marketing, only through Facebook and work of mouth. Spending money on the correct marketing could really boost sales.

Website included. Great reviews on all social media. On Facebook, TripAdvisor, Google reviews, etc. Space is leased, we are coming up to the end of our lease, landlord would require new lease to be signed. Currently rent is $2000 per month, for all CAM and taxes. Space is 1160 Sqft. Very clean, well maintained.

More information available upon request, please contact seller below for further details.

Property information

Real Estate:

Lease

Lease Terms:

Ending our 3rd Lease, currently month to month

Leasehold Rent:

$24,000 per annum

Location:

Mall, off of main intersection with stoplight

Premises Details:

Mall anchored by Charter fitness, Ace Hardware, Royalberry Pancake House

Size in square feet:
1,160

Business Operation

Competition / Market:

Other main BBQ competition closed and changed concept. We are only true BBQ restaurant in area.

Reasons for selling:

Moving to another oppurtunity

Trading hours:

Tuesday thru Sunday
CLOSED MONDAY
CLOSED all major holidays

Employees:
3
Years established:
10 years

Other Information

Support & training:

Willing to train

Furniture / Fixtures value:
$45,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price

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