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- BEAUTIFUL BANQUET HALL THAT CAN SERVICE UP TO 500 GUESTS, LONG TIME WELL ESTABLISHED BUSINESS FOR OVER 20 YEARS , HUGE PARKING LOT, GREAT MONEY MAKER. OWNER WANTS TO RETIRE, SERIOUS BUYERS ONLY, OWNER IS WILLING TO TRAIN FOR AS LONG AS NECESSARY. BOOKING IS BEING STARTED FOR 2018 ALREADY. ALL INVENTORY SILVER WEAR, KITCHEN EQUIPMENT IS PAID AND INCLUDED IN THE SALE.FOR ADDITIONAL INFORMATION PLEASE CONTACT LISTING AGENT. PLEASE DO NOT DISTURB WORKER. APPOINTMENT WILL BE SET ONLY AFTER VERIFICATION FOUNDS AND PRE- APPROVAL LETTER. OWNERS BANK MAY FINANCE THE TRANSACTION WITH THE DOWN PAYMENT OF APPROXIMATELY $ 500,000.00

Listing information

  • MLS® ID: 09091718
  • Stories: 1
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $68,000
  • Status: Active
  • New Construction: No
  • County: Cook

Features

Air Conditioning Central Air
Business Age 11+ Years
Business Type Bar/Lounge/Nite Club, Food and Beverage, Restaurant
Confidentiality Or Non-Disclosure Agreement Requir Yes
Construction Brick
Current Use Commercial
Electrical Service Over 600 Amps
Food/Beverage Type Banquet
Franchisor Feed(y/n) No
Frontage/Access City Street
Heat/Ventilation Forced Air
Information 24-Hr Notice Required, Listing Agent Must Accompany
Known Encumbrances None Known
Location Free Standing/Urban
Lot Size 2.0-2.99 Acres
Other Adjusted Net Income - 0, Annual Rent For Real Estate - 0, Approx Land Sq Footage - 20000, Approx Total Bldg Sq Ft - 20000, Gross Profit - 0, Gross Profit Year - 2014, Gross Sales Ann Year - 2014, Gross Sales Annual - 1100000, Inventory Year - 2014, Net Operating Income Year - 2014, Net Profit - 0, Sales Taxes - 0, Sales Taxes Year - 2014, Tax Year - 2014, Total Op Exp Year - 2014, Zoning Type - Commr
Ownership Type Corporation
Possession Closing, Immediate
Property Offered For Sale Only
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Building, Business, Business Name, Customer List, Equipment, Inventory, Key Money/Good Will, Land, License/Permit, Owner Will Train, Phone Number, Trade Fixtures, Trade Mark/s
Tenant Pays Air Conditioning, Electric, Heat, Insurance
Type Of Lease None
Type Ownership (Business) Corporation
Listing Courtesy of First Choice Realty & Development Inc.