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Bar & Grill For Sale
| Start Price |
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| Current Price |
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| Time Left |
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| Bid Count |
0 |
| Buy It Now Price |
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| Reserve Price |
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| Start Time |
Saturday, August 30, 2008 |
| End Time |
Monday, September 29, 2008 |
| Location |
Yorkville, IL |
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See more about 'Bar & Grill For Sale'
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Description
What You’re Looking For! This is what everyone wants. A top notch, turn-key restaurant/bar in Down Town Yorkville. This newly established bar/restaurant (opened January 2008) has undergone extensive upgrades with fully equipped kitchen, walk-in cooler, POS. Great décor with northwoods ambiance, brick accents, open ceilings, entertainment room with pool tables, darts, games etc.games are owned by a vending company with a 50/50 split, numerous TV’s including a 95" projection, stage for bands, and a beer garden with koi pond and waterfalls. This is a great place! Newer furnace & C/A and all other mechanicals have been replaced in the last few years and is fully up to code. Full commercial kitchen, some built-in kitchen equipment is the property of the landlord but you have complete use of it as part of the lease. Seating in main bar for over 100 and total occupancy over 400. Hours are till 1am seven days a week. The business is open and running. The current owners are absentee due to other business obligations. This business just needs new owner operators. The income although it is a newly opened business is already paying the overhead. Serious inquires only. No financing available. You must present us with a bank letter showing that you infact have the available funds to make this purchase prior to us sharing additional information. Property Features and Assets: Over 4,200 SF interior, walkout level of 2 Story stand alone rented commercial building. Dryvit over a Masonry construction with all new mechanicals, walk-in cooler, fully equipped kitchen, new tables and chairs, POS system, numerous TV’s. Pool tables, entertainment room in rear that could be converted to more restaurant seating, party room or meeting room rental. Outside patio/beer-garden with large koi pond over looking the Fox River. Downtown location with plenty of private and public parking. Room for over 400. Reasonable Rent 4K a month, 5 years remaining on lease that can be renewed. No Financing is available. All Licensing, permits, and lease are under our corporate name, upon a sale the current owners will step down as corporate officers and new owners will become the new corporate officers to make the transition simple. The local liquor license will require a background check by the city in order for the new owner to operate, but our license will remain in effect until that time so the business will remain open and running.Market Competition and Expansion: Competition: This is the place! The multiple TV’s, karaoke nights, open MIC nights, band nights, or specialty drink and food nights bring in a strong customer following from the area. Growth and Expansion: The possibilities are great to bring in additional entertainment choices, promote package liquor sales, promote catering capabilities. Additional Details: Price includes all inventory. The property is leased. The owner is willing to train/assist the new owner. The owner is not willing to work for the new owner. This is not a home based business opportunity. This is not a franchise resale opportunity. This is not a distressed business or bankruptcy situation. However, sellers are motivated. Serious inquires only. No Financing available.
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