$840,000+ PROFIT, Absentee owned Steakhouse
Oakbrook Terrace, IL
| Asking Price: | $3,500,000 |
| Gross Revenue: | $2,754,147 |
| EBITDA: | $841,194 |
| Established Year: | 1980 |
| Cash Flow: | $841,194 |
| Inventory: | $26,370 |
| FF&E: | $865,256 |
Listing ID: 2192260Listing provided by BizBuySell
BUSINESS DESCRIPTION
High visibility location, valuable real estate, turnkey
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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