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Successful Breakfast/ Lunch Restaurant Downtown St. Charles For Sale

St. Charles, Illinois
Asking Price:
$650,000
Sales Revenue:
$500K - $1M
Cash Flow:
Under $50K

Breakfast and Lunch Business for sale - approx 4,000 square ft with great hours or the potential for more income with evening hours. Winner of Best Breakfast and brunch awards. Great reputation with increasing sales. Owner is selling for health reasons.

More detailed information upon request, please contact seller below for more information.

Property information

Real Estate:

Lease

Lease Terms:

lease is 4,700 which includes all CAM and landlord costs - below market

Leasehold Rent:

$56,400 per annum

Location:

Downtown st. charles in between a church, senior citizen home and hotel

Premises Details:

located in the historic district near other restaurants.

Size in square feet:
4,000

Business Operation

Expansion Potential:

the is another unit that could be leased in the future and expanded into. Hours have expansion potential as it closes at three - currently it gets rented for private parties but could have dinner hours.

Competition / Market:

two new competitors but the city has enough population to support all businesses

Reasons for selling:

Owner underwent major heart surgery and kids don't want the business - sales keep growing and is becoming too much for owner's health. Recently expanded and remodeled - almost everything is new

Trading hours:

7:30-3:00

Employees:
12
Years established:
2015

Other Information

Support & training:

yes

Financing available:

some owner financing is available to the right credit

Furniture / Fixtures value:
$500,000
Inventory / Stock value:
$5,000

Contact Seller

Contact Information

    1. Your Address

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