Great Growth Opportunity Gaming/Restaurant/Bar and Laundry Mat

Modern and sleek, this property has plenty of natural light and breathing room for the whole famil.png
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Restaurants & Food Businesses for Sale

  • Primary Category: Bars, Pubs & Taverns for Sale

This is a company that offers:

-Full-Service Restaurant
-6 Gaming Machines with a Bar
-Fully Functioning Laundromat
-Large Garage Space
-Full Living Quarters
-Extra Acres of Land
-Growth Opportunities

This is a fully newly remodeled 7200 sq ft building with excellent growth opportunities! It offers a full restaurant, laundromat, and video gaming and bar. Along with all that there is a beautifully remodeled living quarters attached with a large garage and outdoor covered patio. There is also 1.2 Acres in the rear of the property to build or expand the business. The opportunities here are endless and exciting!

The business was established in 2022. Recently, and unfortunately the owner's wife is dealing with some medical complications that will lead them to not being able to run the business anymore. He and his wife are also just looking to enjoy retirement.

The new owner will need to be an active operating manager of the company and might want to hire a part-time or full-time person to run the restaurant and gambling side of the business. Current owner is willing to stay on in this capacity as well to help the new owner both transition and help with future needs.

Financial Information

  • $700,000 Asking Price
  • On request Gross Revenue
  • Yes Financing

Business Location

  • City: Confidential
  • State: Illinois

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2022
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 3
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: 20
  • Inventory Included: Yes
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Building Size: 7200
  • FF&E Included?: Yes
  • FF&E Value: $65,000

Training/Support

  • Owner is willing to stay on for a 3-month training period for a smooth transition.

Facilities

  • Newly renovated, multi-use facility including a bar and restaurant, laundry mat, and gaming facility with living quarters and garage/storage area.
Business Listed by
image of Caroline Mushill
Caroline Mushill
Sunbelt of Edwardsville
Show Phone Number
Listing ID
EDWRDVL001-54532

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