Sports Bar
Location: Illinois > McHenry County > Northwest Suburbs
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $800,000
Gross Revenue: $324,000
Cash Flow: $145,000
Inventory: $6,000 (Included in Asking Price)
FF&E: $96,000 (Included in Asking Price)
Seller Financing: Owner will consider seller financing.
Business Summary
This is a successful, well-known bar and grill with a live entertainment stage, state of the art sound system, a large dance floor and a second bar serving the back room area. The stage is cornered, stands 3 feet tall and is 20x20 in size. The bar has established pool, dart and softball leagues that bring in that extra business during the weekdays. Amenities include a full scale security camera system, touch screen cash register that keeps track of inventory and transactions, multiple TV’s for the big game, 4 pool tables, 5 dart boards (2 plastic and 3 steel tip), a punching and bowling machine, videogames, digital jukebox, 2 Bag-O sets and a private office. The bar just incorporated a brand new kitchen with all new plumbing and equipment giving the business a significant strategic advantage. The owner is currently working with the city to incorporate an outdoor beer garden. Hours of operations – M-Th 3:00 – 1:00am, Fri 3:00 - 2:00am, Sat 12:00 – 2:00am, Sun 12:00 – 10:00pm. Seller financing is available for the appropriate buyer with a reasonable down-payment and an 8% interest rate for 10 years for the purchase of the business and the property. Located in an established Northwest Suburb with multiple residential, retail, office buildings and with the great advantage of being located on a major highway. This is a perfect opportunity for an energetic and creative owner to walk into a turn-key operation providing excellent food and top notch service to a large, loyal customer base. The property is available for sale as a separate transaction.
About the Business
Year Established: 2004
Employees: 0 full time - 0 part time
Facilities: 5,000 sq ft located on a major highway. The property is owned and included in the price.
About the Sale
Management Training and Support: Owner will provide training and support for a reasonable amount of time.
Reason For Selling: Pursuing other business interests

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Listing Tools
BizQuest ID:903685
Seller ID:49571
Business Listed By
Name:BizTrade, LLC
Company:BizTrade, LLC
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