1M+ PROFIT, Absentee owned Steakhouse

Oakbrook Terrace, IL
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Asking Price:$3,500,000
Gross Revenue:$2,754,147
EBITDA:$1,044,877
Established Year:1980
Cash Flow:$1,044,877
Inventory:$26,370
FF&E:$865,256
BUSINESS DESCRIPTION

Absentee owned, fine dining establishment; steak & seafood with tremendous wine list. Large operation, 3 FT managers overseeing operations. Offers a qualified buyer a $1-million + Income. Business also specializes in private dining for business.
Family events. Seats 375+bar=18 seats+ outside summer seating. Award Winning Steakhouse!

****Real Estate-(priced separate from business)=4 acres**** $2.3M price-separate**
Visit us@:
https://tangentbrokerage.com/search/?listingId=clu8somt5002mzxmwkuwkzz8t


DETAILED INFORMATION
Location
Oakbrook Terrace, IL
Inventory
Included in asking price
Real Estate
Owned
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
New owner could easily increase sales & profit by 15% in next 12 months.
Growth & Expansion
Add more Bar Business & Music Entertainment
Financing
Broker has business approved by bank.
Support & Training
30 days Free training included in sale
Reason for Selling
RELOCATION not age
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Charles
Howard
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Charles Howard