Local Bar / Restaurant / Event Space with Excellent Video Gaming Cafe Revenue

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Liquor Businesses for Sale / Miscellaneous Businesses for Sale

  • Primary Category: Bar/Restaurants for Sale

Full-Service Bar
Licensed Illinois Video Gaming Establishment
Private Gaming Room
Functioning Kitchen
Heated Smoking Room
Newly Renovated Private Party Room
Growth Opportunities

Family owned local bar in town with a population of 10,000 people.

The current owner purchased the bar in March of 2021. There have been many additions added in 2023 such as the heated smoking room and am Event space to host 75 people. The establishment has a full service bar and also a small kitchen to serve appetizers and pizzas.

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 bar 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

  • $425,000 Asking Price
  • On request Cash Flow
  • $368,000 Gross Revenue
  • Yes Financing

Business Location

  • City: Confidential
  • State: Illinois

Financing Comments

  • Yes, owner is willing to consider a portion of seller financing.

Reason for Sale

  • Multi-owners, pursuing other business opportunities.

Detailed information

  • Year Established: 2018
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $0
  • FF&E Included?: Yes
  • FF&E Value: $0
Business Listed by
image of Caroline Mushill
Caroline Mushill
Sunbelt of Edwardsville
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