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Listed by:

AAA Venture Business Brokers, Ltd.

Broker license number: 310001540

Pizzeria & Italian Restaurant Northwest Sub For Sale

Lake County, Illinois, US
Asking Price:
$119,000 (USD) Furniture / Fixtures included
Sales Revenue:
$300,000 (USD)
Cash Flow:
Available on request

The owner bought restaurant 10 years ago.

Percentage of sales for lunch, dinner, carry-out and delivery

Lunch is about 30%, Dinner is about 50%, Carry out is about 10% & Delivery 10%.

Owner will consider offers.

Property Information

Real Estate:

Lease

Lease Terms:

5 Years with 5 years Option.

Leasehold Rent:

$33,000 (USD) per annum

Location:

Is located in a Strep Mall down town.

Premises Details:

Will maintain.

Size in square feet:
1200 Sq. Ft.

Business Operation

Competition / Market:

Only 2 other in town.

Reasons for selling:

Since he has gotten to this business, he has two small kids which require a lot more time. Also he has another business in Chicago and wants to be closer to that.

Trading hours:

Sunday 10:30 A.M. to 9:00 P.M.
Monday ~ Thursday 10:30 A.M. to 9:00 P.M.
Friday & Saturday 10:30 A.M. to 11:00 P.M.

Employees:
4 Full- time plus 4 Drivers.
Years established:
10 years

Other Information

Support & training:

The owner(s) will train the buyer(s) for two (2) weeks, full-time and two (2) weeks part-time , at owners expense. All training will be done after closing on the sale of the business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner will consider for a qualified buyer is willing to provide same help with financing.

Furniture / Fixtures value:
$80,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD)
Related Documents:
Relocatable:
This business can be relocated.

Contact AAA Venture Business Brokers, Ltd.

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