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Listed by:

AAA Venture Business Brokers, Ltd.

Broker license number: 310001540

Steak & Seafood Restaurant In N.w.sub.of Chicago For Sale

Chicago, Illinois
Asking Price:
$4,900,000 (USD) Furniture / Fixtures included
Sales Revenue:
$4,600,000 (USD)
Cash Flow:
$550,000 (USD)

The Restaurant open in mid 90’s as a Charthouse serving all Choice cut Stacks, fresh Fish and many other items prepare by the chef that has been with restaurant for over 25 years.

No other steak house,chops & seafood restaurant serving lunch & dinner with bar & entertainment in the area.

The Building is 10,500 square feet, divided accordingly: kitchen is 2,000 square feet, main dining room is 2,500 square feet, additional dining room is 2,000 square feet with first floor private dining room of 1,000 square feet, and total bar area is 2,000 square feet.
The second floor dining area is 1,000 square feet.
The total capacity of the restaurant is 345 people.

I can provide financing for a qualified Buyer with 10 down, 25 years financing for the Business, Property & Inventory.

Property information

Real Estate:

Real Property Included

Location:

Located on a BZ street with a great exposure, with exit on Route 53 next to a large hotel and with numerous large auto dealers, office complexes, surrounded by residential areas and apartment complexes. The population has risen to over 76,000 residents, with over 57,000 in the work force and average income over $95,000.00 Plus per year.

Premises Details:

The interior of the building is impeccably maintained and in excellent condition.

Size in square feet:
Building 10,500 S.Q. F.T. Land 2 Acres

Business Operation

Competition / Market:

No other steak house,chops & seafood restaurant serving lunch & dinner with bar & entertainment in the area.

Reasons for selling:

The Owners have other interests.

Trading hours:

Seven-days a week from 11:00 a.m. to 12:00 p.m.

Employees:
Total 35, Full- Time & Par-Time
Years established:
25 plus

Other Information

Support & training:

The owner(s) will train the buyer(s) for Four (4) weeks, full-time(40 hours per. week). All training will be done after closing on the sale of the business.

Financing available:

Aaa venture business brokers, ltd., can provide financing for a qualified buyer with 10 down, 25 years financing for the business, property & inventory.

Furniture / Fixtures value:
$70,000 (USD) - included in the asking price
Inventory / Stock value:
$90,000 (USD)
Related Documents:

Contact Information

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