Profitable, Turn-Key Restaurant For Sale - "Pandemic-Proof"

Financial Information

  • Asking Price: $345,900
  • Gross Revenue: $825,043
  • Cash Flow: $84,380
  • Down Payment: 0
  • FF&E (Included): $99,637
  • Inventory: $21,234
  • Financing: No

Business Location

  • West
  • Illinois
Primary Business Category:

This is a great opportunity to buy an established, well-known restaurant for sale. This turn-key restaurant is located in Western, Illinois. The current owners have continued their successful run for over 30 years building a great reputation and loyal customer base. The sellers are planning their retirement and are looking for a buyer that can continue to grow this popular establishment and serve their customers. This restaurant for sale has proven to be completely "Pandemic-Proof". During the pandemic, their average daily sales have actually increased. They are able to continue to serve their customers through their carry-out and drive-thru options. They are open 6 days a week serving breakfast, lunch and dinner. They offer daily specials. A new owner could continue to increase sales for this restaurant by expanding the hours and adding catering as an option. Furniture, fixtures and equipment as well as inventory will be included in the sale. Real estate is available at the estimated fair market value of an additional $320,000. The real estate has many updates including a new parking lot in 2019. The sellers would prefer to sell the business and real estate as a complete package. The sellers are willing to help train during a transition period to be agreed upon with the new owner. For more information about this great restaurant business for sale and request an NDA, please contact Megan Cox at [email protected] or 563-940-1255.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1987
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $320,000
  • Real Estate Asking: $320,000
  • Days Open: Monday-Saturday
  • Hours Open: 5:30AM - 7:00PM
  • Fulltime Employees: N/A
  • Part time Employees: 14
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2400 sq ft
  • Parking: Ample
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Moline - Quad Cities

Contact: Megan Cox
Office Phone: 309-764-1955
Mobile Phone: 563-940-1255
Listing ID: QUADCIL001-N559

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.