Banquet Hall for sale in Northern Illinois……..………………….....…….....$1,689,000 plus inventory
1.5 hours West of Chicago - Includes: Business Entity, All Equipment & All Fixtures.
 Too Many Details To List. Here Are The Highlights:
- Remodeled in 2006 (Owner spent over $600,000.00)
- Full-Liquor License
- Seats up to 700 people
- 6 dining rooms & 2 kitchens
- Current Owner is absentee
- New Roof-complete tear off in 2006
- 6 New electric furnaces & air conditioners in 2006
- Brand New carpet throughout in 2006
- Re-sealed & re-striped parking lots in 2006
- New paint inside & out
- New gutters & windows
- New tables, chairs, lighting, dishes, fire & burglar alarms
Note: The Owner of this Business & Property holds a Real Estate Salesperson’s License
Asking Price: $1,689,000.00 plus inventory
Gross annual sales (approximately): $1,800,000.00 (As projected by owner)
Cash flow or net (approximately): $270,000.00 (As projected by owner)
Value of furniture, fixtures & equipment (approximately): $230,000.00
Value of inventory (approximately): $7,000.00 (Not Included in Asking Price)
Building details (approximately): Complete remodel in 2006. Owner spent over $600,000.00. Building is +/- 19,300 sq ft. R.E Taxes=$5,326.92 (06 taxes)
Seller Financing: Owner may consider some Seller financing with an experienced & qualified Buyer.
Contact: Tony or Dennis, info@abausa.com , American Business Acquisitions, Inc. 312-360-1953. |
