- Advert ID: 665204
- (Seller ref: CH-N611-DH)
Sports Bar & Night Club For Sale
- Location:
-
- United States
- > Mid West
- > Illinois
- > Chicago
- > Northwest Chicago Suburbs
- Category:
Listed by:
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Summary
- Asking price:
- $900,000
- Sales revenue:
- $1,136,480
- Net profit:
- $128,000
- Years established:
- 22
- Employees:
- 21
- Relocatable:
- This business can be relocated.
Business description
Hot! Hot! Hot! Dance club/sports bar renowned for its reputation as the late-night destination in the NW Chicago suburbs, established in 1986 and under the same management since 1982.
4000 Sq. Ft. of interior space with licensed seating capacity for 200+ guests and an outside patio. The premise includes on-site parking and valet.
HVAC systems and walk-in coolers have been replaced within the past 5 years; roof and plumbing are in excellent condition. Has the state of the art A-V system.
Food sales and cover charges account for approximately 12% of gross sales. Beer sales account for approximately 45% of total beverage sales.
All systems are in place to enable new ownership to continue and/or expand on this highly successful going concern. Motivated seller will consider all offers from qualified Buyers.
Property information
- Real Estate:
- Lease
- Lease terms:
- $14000 Monthly Rent
- Location:
- 4000 Sq. Ft. Builing / Seats up to 300 / Ample Parking
Other information
- Reasons for selling:
- Relocating & Health Issues
- Furniture / Fixtures value:
- $500,000
- Inventory / Stock value:
- $15,000
Contact the seller
need to search again?
- United States
- > Mid West
- > Illinois
- > Chicago
- > Northwest Chicago Suburbs
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