Long Established Full-Service Restaurant Available - 11884 JL

Location
Industry
Category
Restaurant
Price
$3,098,000 (Business & Real Estate)
Description

With over 20 years of location ownership, a popular community restaurant and bar is for sale. The business is conveniently and centrally located in the north suburbs right off I-94. Near the area's best shopping centers with excellent visibility, this location is second to none. Real estate and full staff make this operation turnkey and ready for new ownership. Income is primarily from food and alcohol sales. This business boasts a friendly staff and is a community favorite for food, drinks, and atmosphere. The current owners are looking forward to retirement. Price includes all furniture, fixtures, equipment, inventory, and real estate. For more information, please contact Jesse Lutgen at 320-266-0646 or email jlutgen@calhouncompanies.com.

Listing ID
11884 JL
Value From Year
2024
Cash Flow
$256,693
Value of Real Estate
$2,499,000
Equipment Price
$408,396
Gross Sales
$2,828,971
Reason for Selling
Retirement
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
21

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