Classy Bar Restaurant With Living Quarters In Illinois For Sale

Business description

This VERY VERY Classy bar restaurant w3 bdrm living quarters is located in north central Illinois....25 miles south of LaSalle/Peru Illinois (Interstate 80) The bar was completely update 3 years ago and can adequately support 75-100 patrons. The dining is able to comfortably seat 85-120 patrons. The business sets on 5 1/2 city lots with 3 lots vacant.....room for expansion!

The kitchen is well appointed with 2 coolers and a walkin freezer. Flat top grill, 8 burner stove, and a 2-decker pizza oven can support the largest of patron demands.

MORE photos available....either email or call me....Dave Etnier...

Property information

Real Estate:

Real Property Included

Living accommodation:

A second floor 3 bedroom living quarters has 1800 ft sq included. A large bathroom and laundry room is also included......very very nice living area!

Size in square feet:

137' frontage.....180' deep.

Business Operation

Expansion potential:

The business includes the adjacent 3 empty lots next door. A current storage area on the main street could easily be converted for seasonal ice cream sales or pizza take-out service.

Competition / Market:

Other bars/retaurant in town but this one is the classiest!

Reasons for selling:

retirement and health issues

Trading hours:

8am-2am (bar), 8am-9pm (restaurant)

Employees:

1 ft/5 pt

Years established:

2003

Other information

Support & training:

Owners will support transition

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

SBA 504 available (10% down), local bank financing (25% down) or some sell assistance.....to be review w/sellers.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)

Related documents:

• Non-disclosure Agreement

• 'brief' Financial Statement