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Listed by:

AAA Venture Business Brokers, Ltd.

Broker license number: 310001540

Restaurant & Bar Well Established For Sale

Arlington Heights, Illinois
Asking Price:
$4,790,000 Furniture / Fixtures included
Sales Revenue:
$4,300,000
Cash Flow:
$430,000

The present owners purchased the restaurant in October of 2002.The restaurant i's in a great location, free standing 10,500 Sq. Ft. building on a 2 Acres of land with a seating of 345 people.

The Restaurant is a Steakhouse and Seafood with Entertainment in Launch are. The sales continued to increase do to hands on family management and loyal employees.

The Building and Land has been apprised at $3.3 M. with out the business.

Property information

Real Estate:

Real Property Included

Location:

The Restaurant is located in one of the main rods. The Village of Arlington Heights is one of the largest Chicago suburbs. The restaurant is located along Illinois Route 53 and in the rapidly growing "Golden Corridor", and as such it has excellent access to the State's Highway system

Premises Details:

The interior of the building is impeccably maintained and in excellent condition.

Size in square feet:
10,500 Sq.Ft. Building on 2 Acres

Business Operation

Competition / Market:

Not in the area.

Reasons for selling:

The partners have other interests and decided that the best thing would be to sell the business and each one move on with their lives.

Trading hours:

The business operates seven-days a week from 11:00 a.m. to 12:00 p.m.

Employees:
7 Full-Time 15 Pare-Time.
Years established:
1995

Other Information

Support & training:

The owner(s) will train the buyer(s) for Four (4) weeks, full-time(40 hours per. week). All training will be done after closing on the sale of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

AAA VENTURE BUSINESS BROKERS, LTD., can provide financing for a qualified Buyer with 10 % down, 25 years financing for the Business, Property & Inventory.
Also owners will participated on same financing for a qualified buyer(s)

Furniture / Fixtures value:
$750,000 - included in the asking price
Inventory / Stock value:
$50,000
Related Documents:

Contact Information

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