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#5506
Chicago Restaurants For Sale

2 Restaurants For Sale in West and Southwest Chicagoland - Real Estate

$6,200,000
2 Restaurants For Sale in West and Southwest Chicagoland - Real Estate
This Listing is Expired

These two restaurants have a long history of success.  If you want to see them rapidly grow, then do some small adjustments to the menu and interior and you'll see a good restaurants turn great!  Real estate is for sale and included in the price. 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chicago Restaurants For Sale
Lease Term:
Real Estate For Sale

Financials

Last Year's Annual Gross:
$4,669,000
Last Year's Owner's Cash Flow:
$813,000
Last Year's Food Cost %:
30.5
Last Year's Payroll Cost %:
35.4
EBITDA:
$813,000

Operations

Liquor License:
Hard Liquor
# of Full-Time Employees:
40
# of Part-Time Employees:
52
Hours Open:
7 Days Lunch/Dinner
Year Established:
1980
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
290
Outdoor Seating:
50
# of Parking Spots:
plenty
Inside Sq. Ft.:
6,200
Outside Sq. Ft.:
1000

Highlights

  • Prime Corner Locations
  • In Wealthy Neighborhoods
  • Large Bars with Hard Liquor
  • 100% Absentee
  • Great Family Sports Bar Concept
  • Room to Improve
  • Large Lots

Financing

Down Payment:
$620,000
Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,200 77,695 189,438
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,768 28,274 71,356
2010 Persons Per Household 2.48 2.62 2.53
Median House Value $319,426 $500,212 $407,623
Income Per Household $70,561 $103,342 $89,100
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,183 3,917 8,290
2012 Number Of Employees 28,912 158,940 304,518
2012 Total Annual Payroll $682,366,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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