Gastrobar Franchise Near Downtown Chicago- Over $4 Million In Sales! - Business for Sale
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Gastrobar Franchise Near Downtown Chicago, IL
Chicago, IL, US
Added 2 days ago
Gastrobar Restaurant and Bar
11 years in business
Absentee / Semi-Absentee
This business is a nationally recognized gastrobar franchise offering full-service bar and restaurant operations near downtown Chicago, Illinois.
Key Information
Asking
$3.9M
Revenue
$4.1M
Earnings
$1.3M
Multiple
3.0x
Key Highlights
- Business established in 2015 (11 years in operation as of listing date)
- Nationally recognized gastrobar franchise located near downtown Chicago, IL
- Absentee-owned with experienced staff in place
- Alcohol accounts for approximately 55% of sales
- Indoor seating for 149 and outdoor patio seating for 40 (total 189 seats)
- 4,928 sqft main floor plus basement
- Fully equipped commercial kitchen and bar with 58 draft beer handles, 27 bar stools, 10 large-screen TVs, and 4 roll-up garage doors
- Located in a dense urban trade area with 410,804 residents and 216,954 households within 3 miles; median household income of $116,930
Contact Info
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