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

9171959c19ad19547f059f77ab8e8489
Contact Broker
Mail Print Save

Restaurants & Food Businesses for Sale

  • Primary Category: Bars, Pubs & Taverns 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

  • $465,000 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
Email Caroline
Show Phone Number
Listing ID
EDWRDVL001-54637

Contact Business Broker

"*" indicates required fields

Name*
Newsletter
This field is for validation purposes and should be left unchanged.

Similar Businesses for Sale

Image of Well established Mexican restaurant in growing area Save

Well established Mexican restaurant in growing area

 Confidential, Illinois

10 year plus established business In-House recipes Full Time cook and kitchen management Well maintained kitchen and facility equipment Established...

$900k Gross Revenue
Asking Price $250k
View Listing Save
Image of Established Bakery & Restaurant $1.6M Revenue / Real Estate Included Save

Established Bakery & Restaurant $1.6M Revenue / Real Estate Included

Central Region of Illinois, Illinois

This Bakery & Restaurant is a staple in the community for over 101 years serving up exceptional quality bakery goods...

$1.639m Gross Revenue
$137k Cash Flow
Asking Price $1m
View Listing Save
Image of Restaurant/bar with amazing views & Gaming Save

Restaurant/bar with amazing views & Gaming

 Confidential, Illinois

This is a family-owned business that was purchased 10 years ago. Over the last 10 years, the owners have grown...

$714k Gross Revenue
Asking Price $800k
View Listing Save
Image of Great Growth Opportunity Gaming/Restaurant/Bar and Laundry Mat Save

Great Growth Opportunity Gaming/Restaurant/Bar and Laundry Mat

Confidential, Illinois

This is a company that offers: -Full-Service Restaurant -6 Gaming Machines with a Bar -Fully Functioning Laundromat -Large Garage Space...

On request Gross Revenue
Asking Price $700k
View Listing Save