Long-Established Bar & Grill with Gaming & Rental Income Potential – Real Estate Included

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Restaurants & Food Businesses for Sale

  • Primary Category: Bars, Pubs & Taverns for Sale

Well-established bar and grill in a growing Illinois town, operating for over 42 years. Features include six gaming machines generating $169K annually/Location Share $50K annually, pool tables, and a loyal local customer base. Two upstairs one-bedroom apartments offer rental income or owner-occupancy options. Real estate is included, and seller financing is available for qualified buyers. Great opportunity for an owner-operator or investor seeking a turnkey business with multiple revenue streams.

Financial Information

  • $385,000 Asking Price
  • $60,000 Cash Flow
  • $166,000 Gross Revenue
  • Yes Financing

Business Location

  • City: Central Illinois
  • State: Illinois

Financing Comments

  • Yes, for qualified buyers

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1983
  • 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: N/A
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $250,000
  • FF&E Included?: Yes
  • FF&E Value: On request
Business Listed by
image of Dana Kinsolving
Dana Kinsolving
Sunbelt of Edwardsville
Email Dana
Show Phone Number
Listing ID
EDWRDVL001-56985

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