Listing Number 26782 | |||
Location: Eastern Midwest (OH, IN, KY, MI, IL) / IL This listing is for a long-established and highly profitable Italian restaurant located in central Illinois that is available to a qualified buyer. This family restaurant offers a new owner/operator a yearly income of over $130,000. The business specializes in delicious Italian standards all from homemade recipes. From alfredo dishes to chicken parmesan to delicious pizza, this popular restaurant has food that keep their loyal base of customers always coming back. They offer dine-in, delivery and catering. The restaurant has a stellar reputation in their local marketplace with fantastic online reviews across a number of sites. The business has been an established fixture in their community for over 60 years. In addition to the strong cash flow the business provides, over $300,000 in asset value is to be transferred with the business sale. This includes their 2,600 square foot real estate which valued at $225,000 and seats 90 guests. To the right and qualified buyer, the seller would consider financing up to 50% of the project with a strong down payment. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us within 24 hours (weekdays), please contact us by phone. |
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Furniture, Fixtures, & Equipment: | $ 110,000 | Asking Price: | $ 650,000 |
Vehicles and/or rolling stock: | $ | Down Payment: | $ |
Inventory | $ 8,000 | ||
Accounts Receivable (if included) | $ | Annual Sales Volume | $ 401,259 |
Land & Building (if included) | $ 225,000 | Cash Flow | $ 135,717 |
Other Assets | $ | ||
Current Liabilities to be assumed | $ | ||
Current Notes to be assumed | $ |