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#Business ID: 15335

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Great Steakhouse Restaurant And Lounge

Business Location: Illinois, United States

Asking Price: $ 265,000 Revenue: $ 198,000 Cash Flow: not disclosed

Business Summary

PRICE REDUCTION!! HURRY, THIS WON'T LAST!! This 2400 sq. ft, remodeled steakhouse with real estate is located just outside of the Quad Cities in Illinois. It was remodeled in 2005 and has all new equipment. There is also a newer walk-in cooler. This steakhouse is well established, has a great reputation, and has customers that come from hours away. It is a very profitable business even though it is open limited hours. The sales for 2011 were $198,000 for just being open 17 hours. Yes, just 17 hours! You could be open 60 hours a week if you wanted. There is plenty of parking at this place. The owner has never advertised. There is also a very inviting lounge that has a beautiful oak bar. This restaurant does not need any work done to it. The staff is well trained, loyal, and hard working. The owner and his wife are ready to retire! Contact Steve Brown seven days at ------------.

Down Payment: $265,000
Sellers Discretionary Earnings: $198,000

Property Details

Property Type:

Lease

Business Operation Details

Employees:

Full Time: 0

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