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Chicago Suburbs Illinois Business for Sale

Sports Bar and Grill

Chicago Suburbs, Illinois
Hurry -- this one will not last long! A highly motivated seller has decided to sell this easy to operate sports bar with fantastic cash flow.This business has successfully established a base of loyal patrons who enjoy the relaxed and entertaining environment found at this hot spot. The bar & grill is frequented by both the younger and older crowds due to the exciting atmosphere that exists year round. With over 38 televisions and multiple big screens dispersed throughout the premises, patrons are sure to catch their favorite sporting event while enjoying a cocktail or two. Loyal Chicago fans help ensure a steady stream of customers throughout the year no matter what season it is. The recent smoking ban has only had a minimal effect on the business since the laws’ inception. A large outdoor patio accommodates up to 120 customers and provides patrons with a designated smoking area. In addition, the large outdoor space can be utilized to host special events during periods of warm weather.Come take a look at this exciting business opportunity!For more information, e-mail Dana Frazier at dfrazier@sunbeltnetwork.com for a non-disclosure agreement and to initiate next steps.

Financials

Price: $595,000
Gross Income: $1,000,000
Cash Flow: $200,000
FFE: $250,000
Inventory: $17,500
Real Estate Value: $2,900,000
Source Data:

About the Business

Listing ID: #N116
Year Established: 2004
Financing:
Training:
Facilities: Facility and kitchen are in great condition – only 4 years old; large outdoor party patio; building is available for lease or purchase
Competition:
Growth: The current owner does not advertise or offer drink or food specials. Among other possible growth opportunities, a new owner could increase cash flow through aggressive advertising and introducing drink or food specials.
Business Listed By
Name: Dana J. Frazier
Company: Sunbelt Business Brokers
Phone: 815-806-8401

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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