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Asking Price$85,000
Revenue$270,563 Established1974
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$26,845* FranchiseNo
Inventory$7,500* RelocatableNo
Real Estate$75,000 Home-basedNo
* Included in Asking Price
This is a great business opportunity to purchase a turn-key, established bar and restaurant that is for sale in Western Illinois. The business was established in 1974, with the current owners purchasing the bar in 2012, in which they have successfully grown the business. They offer alcohol and food, including sandwiches and pizza, as well as lunch specials. They also hold a gambling license and offer three gaming machines. (The gambling license is non-transferable. A new owner would need to apply for this separately and complete a background check.)  They also own the ATM machine, which has proven to be an additional source of income.
Inventory and  furniture, fixtures and equipment (including the ATM) will be included in the sale. Owners are willing to help train during a transition period to be agreed upon.  The real estate is also available for sale at fair market value.  Additional information will be provided to prospective new owners.
Don't pass up this opportunity to own a successful bar/restaurant!
For more information about this great business for sale, please contact Megan Cox at megan.cox@sunbeltnetwork.com or 563-940-1255 OR Cliff Avon at cliff.avon@sunbeltnetwork.com or 563-940-7980
Sale Reason:Pursue other interests
Ad #101307
Seller Reference #QUADCIL001-N530
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Contact This Seller
Megan Cox
(309) 764-1955
Email Address