$3,000,000
Active
38 Days Online
0 Beds0 Baths13,000 SQFT
Active

999 Confidential Mundelein, IL 60060

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This opportunity to purchase a successful restaurant business along with its prime real estate is truly exceptional. Here's a breakdown of what makes it a great investment: *** Established Brand Reputation *** 45+ Years in Business: The restaurant has been operating successfully for over 45 years, earning a reputation for great food and a loyal customer base. *** Turnkey Operation *** Fully Equipped: The sale includes all FFE (Furniture, trade fixtures, equipment), inventory, recipes, and the established brand name. Immediate Profit: With its existing operations, the restaurant is already generating profit. *** Growth Potential *** Expand Hours: Currently, the restaurant is closed on Mondays and closes at 9:00 pm during the week, 11:00 pm on Friday and Saturday, and 8:00 pm on Sundays. There's potential to extend these hours. 3 pm Liquor License: The liquor license allows sales from 3 pm onwards, offering potential for increased revenue. Gaming Machines: The new owner can implement gaming machines to generate additional income, as they are permitted. Bar area: Live entertainment, huge open bar with seating for 30 and stage area. *** Real Estate *** Prime Location: The property spans approximately 2 acres. Large Space: The restaurant itself is 13, 000 square feet with seating for 350 patrons. Private Dining: It includes a separate dining room for private parties. Ample Parking: With 172 parking spaces, parking is never an issue. *** Summary *** This is an outstanding opportunity to acquire a successful and profitable restaurant business along with its prime real estate. With a long-standing reputation, existing loyal customer base, and numerous growth opportunities, this turnkey operation is well-maintained and ready for a new owner to continue its success.

  • Property TypeBusiness Opportunity
  • NeighborhoodN/A
  • CountyLake
  • Taxes$55,360
  • HOA/Condo/Coop Fees$0
  • Days on Site38 Days
  • MLS StatusActive
  • MLS ID Number12130584
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 1
  • Zoning COMMR
  • Lot Size 2.0-2.99 Acres
  • Number Of Stories 1

Interior Features

  • Cooling Central Air

Exterior Features

  • Waterfront Property No

Community Features

  • MLS Area Ivanhoe / Mundelein

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Monthly Payment (Est.)

$14,513
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