Newly Renovated Turn-Key Korean BBQ Restaurant

Scott Air Force Base, IL

Seller Financing Available

Kitchen
Asking Price:$550,000
Gross Revenue:$620,000
Rent:$4,900/Month
Established Year:2016
Cash Flow:$278,000
Inventory:$25,000
FF&E:$350,000
BUSINESS DESCRIPTION

Located outside military installation, this newly renovated restaurant is a must see. The 1,000 Sq ft kitchen consist of a newly installed 23 ft hood 2 walk in refrigeration units, and many new kitchen appliances. The dining area hosts 20 down draft hibachi style grill tables for guest to cook their own food. All recipes will be provided and owner onsite training is available.


DETAILED INFORMATION
Location
Scott Air Force Base, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,600
Lease Expiration
01/10/2029
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
As is facility newly updated and remodeled building with all new appliances aging from 3 years to 6 months
Competition
This hibachi style restaurant is the only one like it within 40 miles.
Growth & Expansion
Plenty of room for growth within the restaurant, word of mouth is only marketing being implemented.
Support & Training
We will provide up to 1 month of training and support to new owners to ensure a smooth hand-off of the restaurant.
Reason for Selling
Time to retire.

BUSINESS LOCATION
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Gary Clinton
Gary Clinton