PROFITABLE Bar/restaurant
Not Disclosed, IL Mchenry County
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- RE: PROFITABLE Bar/restaurant
- Contact: Matt Friscia
Quick Facts
| Asking Price: | $600,000 | |
| Annual Revenue: | $982,167 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $211,081 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 6 | |
| BBN Listing #: | 948688 | |
| Broker Reference #: | 041621-923104 |
Business Overview:
$900k+ PROFITABLE bar/restaurant in EXCELLENT location with gaming!
Are you ready to own a beloved community staple? This thriving sports bar, known for its exceptional food and family-friendly atmosphere, is now available for sale on a key corner in a growing northwest suburban suburb. Located in the heart of downtown, this bar has become the go-to destination for both sports enthusiasts and families looking for a fun, relaxed dining experience. Highly rated and well-known for our delicious, diverse menu that caters to all ages. The bar features a welcoming, modern interior that is two stories with ample seating, including booths, high-tops, and a spacious bar area. Multiple large-screen TVs ensure that every seat has a great view of the game. They pride themselves on creating a safe and enjoyable atmosphere for families. A popular patio area allows guests to enjoy their meals and drinks al fresco, adding to the overall appeal. Demonstrated consistent revenue and profitability, with room for growth THAT INCLUDES GAMING REVENUE! Fully equipped kitchen with friendly staff ready to continue delivering top-notch service. Regularly hosting special events, such as local youth sports teams to enhance customer loyalty. Revenue split is 70% food, 20% liquor and 10% gaming/room rentals. This is a rare opportunity to acquire a successful, well-loved business with a solid foundation and immense growth potential. If you're passionate about providing great food, exceptional service, and a fun, family-oriented environment, this sports bar is the perfect investment for you or for whatever concept you prefer. PLEASE NOTE: REAL ESTATE IS AVAILABLE WITH THIS LISTING AND MUST BE PURCHASED WITH THE BUSINESS PER THE SELLER'S REQUEST. The listing price does not include the real estate value.
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Property Features and Assets:
Monthly Rent: $7,500.00
Square Units (Foot, Meter): 3,400
Market Competition and Expansion:
Competition: There are multiple restaurants and bars in the downtown area of this suburb, but with the increase of population, all businesses continue to thrive in this area.
Expansion: More advertising can potentially help growth, but it's on such a key corner in a downtown suburban area that continues to thrive that just keeping the doors open and continuing great customer service should more than help growth as the community continues to expand.
Reason for Selling:
RetiringAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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