Steakhouse With Old World Charm and Real Estate

Old Riley Township Pocky

Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor and the broiler has recently been replaced. Large walk-in freezer is in place to allow you to stock up as needed. Experienced employees are in place. Great chance to purchase a restaurant for less than it would take to outfit and open it yourself. The real estate is also for sale. For any questions related to the real property portion of the sale, or to schedule a private showing, please contact the listing brokerage, DBK Realty IL, LLC.

Listing Number:

24699

Category:

Food - Restaurant

Location:

Old Riley Township Pocky
$50,000

Financial Information:

Gross Revenue:

$120,000

Listed Price:

$50,000

Down Payment:

$0

Total Income:

$29,500

Year Established:

1940

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$90,000

Equipment / Fixtures:

$145,728

Inventory:

$8,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Liquor

Contract Labor:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Bruce Thompson
Office: (636) 445-5444 | Cell: (314) 614-6930
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Steakhouse With Old World Charm and Real Estate
Old Riley Township Pocky

Listing Number:

24699

Category:

Food - Restaurant

Location:

Old Riley Township Pocky

Listed Price:

$50,000
brokerPhoto
Bruce Thompson
Office: (636) 445-5444 | Cell: (314) 614-6930
License #:
Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor and the broiler has recently been replaced. Large walk-in freezer is in place to allow you to stock up as needed. Experienced employees are in place. Great chance to purchase a restaurant for less than it would take to outfit and open it yourself. The real estate is also for sale. For any questions related to the real property portion of the sale, or to schedule a private showing, please contact the listing brokerage, DBK Realty IL, LLC.

Financial Information

Gross Revenue:

$120,000

Listed Price:

$50,000

Down Payment:

$0

Total Income:

$29,500

Year Established:

1940

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$90,000

Equipment / Fixtures:

$145,728

Inventory:

$8,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Liquor

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.