Neighborhood Bar & Grill w/Gaming Southwest Suburbs of Chicago - Business for Sale
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Neighborhood Bar and Grill with Gaming in Chicago Suburbs
Chicago Ridge, IL, US
Added 2 months ago
Bar & Grill with Gaming
13 years in business
Neighborhood bar and grill with video gaming, full-service bar, and outdoor patio located in the southwest suburbs of Chicago, with real estate (mixed-use building) optionally included in the sale.
Key Information
Asking
$1.2M
Revenue
$463K
Earnings
$315K
Multiple
3.8x
Key Highlights
- Business has been established for 13 years.
- The bar features an upscale video gaming lounge with 6 video-gaming machines, and has gaming, tobacco, lottery, food, liquor, and carry-out liquor licenses.
- All furniture, fixtures, and equipment (FF&E) are included in the sale; open liquor is included, closed liquor may be sold separately.
- The 2nd floor apartment (4 bedrooms, 1.5 baths) could generate potential rental income of $2,200/month ($26,400 annually), but is currently vacant and not included in business income.
- The business was temporarily closed for renovation from mid-February to end of May 2024, impacting 2024 financials.
Contact Info
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