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#Business ID: 15319

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Beautiful Bar And Restaurant In Peoria

Business Location: Peoria, Illinois, United States

Asking Price: $ 235,000 Revenue: $ 460,000 Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

This well established bar and restaurant is located in a very nice area of Peoria. There are thousands and thousands of customers that live nearby. It is super clean and the owner just updated most all of the equipment in the place. It is laid out just right and customers love the place. 2011 sales were over $460,000. 2012 sales finished at $580,000. Food is 40% of sales and alcohol is 60% of sales. Just the equipment and fixtures alone is valued at over $120,000. The owner is moving out of the area. There will be 30 days of training for the buyer. There are nine employees. Rent is $4050 a month. Owner will finance for $50,000 down. Contact Jeff Highfill today until 10 PM.

Down Payment: $235,000
Total Assets: $120,000

Property Details

Property Type:

Lease

FF&E:

$ 120,000

Business Operation Details

Employees:

Full Time: 0

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