Profitable Restaurant In North Park Neighborhood, Chicago For Sale

Overview

  • Business services, Services
  • Property Type

Description



Chicago,
Illinois, US

Asking Price:


$200,000

Furniture / Fixtures and Inventory / Stock included

Sales Revenue:

$500K – $1M

Cash Flow:

$100K – $250K

Looking to sell my restaurant, which has been profitable for the last 5 years. The restaurant includes seating for about 80 people, has a large kitchen and a walk in cooler for storing meats/groceries. The restaurant was remodeled 5 years back and is in a very high traffic area.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Current owner built the property inside and out and has a deal with property owner of no increase in rent, indefinitely.

Leasehold Rent:

$3,500 per annum

Location:

Prime location with high traffic. 5 schools within 1 mile radius.

Premises Details:

Parking for up to 10 cars with additional street parking available.

Business Operation

Expansion Potential:

Can expand sq. ft of business by purchasing next door shop, but is not necessary.

Reasons for selling:

Looking to sell all my businesses for retirement.

Employees:
10
Years established:
6

Other Information

Support & training:

Will provide training until new owner is comfortable.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$150,000 – included in the asking price
Inventory / Stock value:
$30,000 – included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.



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Address

  • City Silicon valley
  • State/county California
  • Country United States

Details

Updated on March 15, 2023 at 10:51 pm
  • Property Type: Business services, Services
  • Property Status: For Sale

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