Profitable High-end Restaurant With 4 Acres
Not Disclosed, IL Dupage County
Chicago-Western Suburban
Request More Information Contact the Seller
- RE: Profitable High-end Restaurant With 4 Acres
- Contact: Robert Uhland`
- License #: 310001242
Quick Facts
| Asking Price: | $4,499,000 | |
| Annual Revenue: | $2,659,000 | |
| Net Profit: | $400,000 | |
| Cash Flow: | $400,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $3,500,000 | |
| Year Established: | 1970 | |
| Employees: | 35 | |
| BBN Listing #: | 955036 | |
| Broker Reference #: | 2024-5 |
Business Overview:
Beautiful, well-established high-end restaurant available in the Western Suburbs of Chicago. Four acres of land on bustling street bring redevelopment possibilities. Gross revenues of $2.5M+, fully staffed and ready to go. Huge upside with some marketing. Social media, facebook, gift certificates and a loyalty program give a huge upside to this opportunity. $4.5M, serious offers only.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Four beautiful acres on a very busy 4 lane road in the Western Suburbs. May be widening to 6 lanes soon. Redevelopment a possibility and could house 80 or more condo if building codes allow. Huge parking lot currently allows ample parking and the relaxing vibe of the rest of the land that is undeveloped is relaxing for the patrons! The large building of 7,000 allows a large lobby, spacious bar area and a seating area with plentiful tables looking out to the pristine land surrounding. Let's talk
Market Competition and Expansion:
Very little competition due to this restaurant's established name. Word of mouth has been powerful, along with the friendly staff, to create a huge following. The average employee has been with them for 8 to 10 years which is extremely long at any restaurant. This speaks volumes about the friendly environment and patrons that come for the familiar and friendly faces! Extensive menu features steaks, seafood, and much more. Social media presence, facebook, gift certificates and a loyalty/referral program could grow this restaurant through the roof!
Reason for Selling:
Retiring and movingAdditional 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
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
