RESTAURANT/BANQUET FACILITY ON 3.5 WOODED ACRES (currently operating)..........$2,250,000
plus inventory

Illinois, McHenry County – Includes: Approx. 3.5 acres of land, 1 restaurant building, 1 garage, 1 storage building 1 business entity and all equipment/all fixtures.

Use your imagination as this is primarily a property transaction with huge potential for an exclusive banquet/meeting/wedding type facility or (on the other hand) a micro brewery or sports bar environment. This building/property is not currently used to its full potential in any way. Tons of room for potential expansion and even all sorts of outdoor possibilities such as a volleyball or basketball court and even horse shoes or an open air BBQ pit. Perfect for an owner operator to create a new concept as it also has an on-grounds apartment, two car garage and a large storage shed. This place almost seems like it was plucked out of the Northern Wisconsin resort area. Limit-less possibilities in a very fast growing northwest Chicago suburban community. A buyer could be the first in this area to capture the sports bar crowd while still hosting all sorts of parties/meetings. Near several golf courses and also a very diverse mix of real estate that goes from middle class to very expensive high end homes. Just have a vision as this area is under-developed when it comes to hosting parties or creating night life options.

Asking Price: $2,250,000.00 plus inventory
Verified Gross annual sales (approximately): $217,025.00 (currently operating at one 10th of the potential)
Verified Cash flow or net (approximately): Owner will discuss (much higher potential with experienced operator)
Value of furniture, fixtures & equipment (approximately): $75,000.00 (Included in Asking Price)
Value of inventory (approximately): $3,000 (Not Included in Asking Price)
Value of Real Estate (approximately): $2,000,000.00
Building, Property, Lease details (approximately): Two lots, Approximately 3 ½ Acres, Frame Construction, One Story plus Basement, Approximately 6,305.89 Sq Ft. plus 2 bedroom apartment , Approximately $23,427.44 (‘03 Taxes), Approximately 100 Spaces, Garage: 24.3’ x 24.3’. *Note: 6,305.89 Sq Ft includes the enclosed/heated patio/banquet room.
Seller Financing: Some Seller financing may be available for qualified buyer only!
Contact: Dennis, info@abausa.com , American Business Acquisitions, Inc. 312-360-1953