Turn Key 250 seat full service family restaurant for sale

Financial Information

  • Asking Price: $1,450,000
  • Gross Revenue: $1,572,315
  • Cash Flow: $202,817
  • Down Payment: 0
  • FF&E (Included): $125,000
  • Inventory: $9,000
  • Financing: No

Business Location

  • Rock Island
  • Quad Cities Area
  • Illinois
Primary Business Category: Restaurants

Consistently profitable restaurant business for sale. Same owner 28 years in a great central city location. 200 seat family restaurant business with 4,900 sq ft building and on site parking. Real state is for sale with the business. This is a turn-key business that has been maintained and updated as needed over the years. This is a popular local restaurant with consistently good food, good friendly service, comfortable seating, convenient parking and modest prices. They offer a menu with wide variety of popular american foods and some specialty menu items. Loyal customer base, lots of regulars, a "go to" place.

Competition Description


Growth / Expansion overview

Business revenues and profits have been good over the years. Delivery could be easily added and would provide for additional income with little additional cost.

Support / Training Comments

Seller is willing to offer support and training as needed to facilitate a smooth transition.

Reason For Sale
  • Home Based: No
  • Year Established: 1983
  • Franchise: No
  • Year Acquired: 1993
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $950,000
  • Real Estate Asking: $95,000
  • Days Open: 7
  • Hours Open: 6:00 to 9:00
  • Fulltime Employees: 6
  • Part time Employees: 40
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 4900 sq ft
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Moline - Quad Cities

Contact: Milton Anderson
Office Phone: 309-764-1955
Mobile Phone: (309) 236-0739
Listing ID: QUADCIL001-N557

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