Banquet Hall In Chicago North Northwest Suburbs For Sale

Business description

This a full service restaurant and banquet hall with a lounge, a full-liquor license, 5 banquet rooms and over 735 seats. It can handle just about any size party or wedding. This property is a must see! You can t beat the location. This banquet hall has been operating in the same location for more than 25 years.

This isn't the only reason so many people know this place. Another reason it's so well-known is because there are more than 34,000 cars driving by the front door each day. The banquet hall is so large, you can't possibly miss the building or the enormous sign out front. This is one of the largest banquet halls in the area, with 23,000 square feet and 735 seats. It's one of the only banquet halls that can accommodate large weddings.

Property information

Real Estate:

Real Property Included

Location:

3.8 acres. Gross Building Area is 23,000 square feet, Seating for approximately 735 people. 34,000 cars drive by the front door each day.

Other information

Expansion potential:

Even in this economy, sales have remained very strong. Of course, there s always room to grow. One area of opportunity is updating some of the d cor. Another, much easier area of opportunity, is updating the website & making it more interactive & informative. Right now, they have a very basic website with very few pictures highlighting how beautiful the facility really is.

Owner financing:

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

Financing available:

Seller might consider some financing with experienced and qualified buyer.

Furniture / Fixtures value:

$325,000 (included in the asking price)

Inventory / Stock value:

$75,000