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BUSINESS FOR SALE - PROFILE #  ABB006-203

Superb Classic Steakhouse
Central Illinois near Peoria, Illinois

Asking Price: $239,000   Down Payment: $239,000  
Gross Revenue: $747,269   Adj. Cash Flow*: $105,455  
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Executive Summary

Classic American Steakhouse & Restaurant "For Sale" featuring mouth watering steaks cooked to your order, fresh seafood entrees, and fabulous barbecue ribs along with other house favorites. The owners take great pride in using only the freshest meats, seafood and other ingredients supplied by local vendors. Seating for 150, banquest seating for 50 plus and ample parking to handle special occasions. Full bar and outside patio seating for 80. Excellent staff and new owners will receive training from Sellers.! "Business and Assets" are being listed for sale and the building can be leased at $5000 per month plus NNN. Please contact Brian Barkley at 309-219-1200 to discuss this opportunity.

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Inventory:
Furniture, Fixtures & Equipment: $239,000 Included
Lease/Rent: $5,000 Real Estate:
Building Sq Ft: 6980
    Total Assets Included in Sale: $239,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Brian Barkley
Phone:  (309) 679-1560
Fax:  (309) 679-1562
Other:  (309) 219-1200
E-mail:  Brian@AmericanBusinessBrokers.com
American Business Brokers - Peoria, IL
300 E. War Memorial Dr.
Suite 302
Peoria, IL 61614
www.americanbusinessbrokers.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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