Tupelo Data Room
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American Restaurants, Bars, Pubs & Taverns
Active

Multiple=1x earnings+$770,000 assets transferred

Bolingbrook, Will County, Illinois, United States
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Asking Price$350k
Revenue-
EBITDA-
Cash Flow-
Description
Upscale Restaurant Bar, lively upscale entertainment in suburb with great demographics and busy establishment. Seller is retiring, willing to part with $770,000 assets for just $350k. Deal was closed, seller failed to close Run by employees, passive income, owners run remotely.
Real Estate
Rent is $9,500 per month
Building Size: 6125 sq. ft.
Furniture Fixtures & Equipment
$475k
Inventory
$45k
Year Established
2014
Reason Selling
Owner is sick; bottom line give it away price!
Facilities & Assets
Upscale sports bar and restaurant in west chicago suburb. $303,267 income, great atmosphere, quality service, presently under a franchise but no obligation to continue going forward. Plenty of seating. OWNS LIQUOR LICENSE; able to serve until 4am.
Support & Training
30 days training by employees; owner is sick, unable to travel to facility, employees run everything.
Financing Options
Cash buyers, giving away-sickness, less than 1 multiple, $770,00 in assets included
Asking Price$350k