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Listed by:

AAA Venture Business Brokers, Ltd.

Broker license number: 310001540

Restaurant, Bar Northwest Sub In Des Plaines For Sale

Des Plaines, Illinois, US
Asking Price:
$700,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

The owner started the Restaurant in a small store in August of 1974 he build and open the existing restaurant and has been a popular Neighborhood staple. He believes in high quality ingredients using his own recipes.
In the pass year onfortunately his healt is tourning to warse and his 2 doughters are roning the business. Do to his condishen his wife decided to sell the Property. The property & the restaurant was appraised by there the bank for $700,000.00.

Dining Room 80 people. Bar Tables 30 people, the Bar seats 15 & Banquet Room 80 people.

This is great opprtunety for buyers.

Property Information

Real Estate:

Real Property Included

Location:

Great Location very visible.

Premises Details:

Well maintain.

Size in square feet:
7070 Sq. Ft. on 1.3/4 Acres

Business Operation

Expansion Potential:

Yes.

Trading hours:

Illinois Liquor License Retailer and Des Plaines Liquor License
Class A. Hours for Serving liquor Monday-Thursday 6:00 AM to 1:00 AM, Friday & Saturday 6:00 AM to 2:00 AM and Sunday 10:30 AM to 1:00 AM.

Cary out & Delivery opens at 11:00 AM Dining Room & Bar Monday-Thursday 11:00 AM to10:00 PM, Friday 11:00 AM to 11:00 PM, Saturday 12:00 noon to 11:00 PM & Sunday 12:00 noon to 10:00 PM.

Employees:
8 Full-Time & 7 Part-Time
Years established:
41 Plus.

Other Information

Support & training:

The owner(s) will train the buyer(s) for four (4) weeks, full-time and
two (2) weeks part-time, at owners expense. All training will be done after closing on the sale of the business.

Furniture / Fixtures value:
$300,000 - included in the asking price
Inventory / Stock value:
$5,000
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.

Listed by

AAA Venture Business Brokers, Ltd.

Broker license number: 310001540