Business Opportunity

2 Acre - 999 CONFIDENTIAL, Mundelein, Illinois 60060

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Property Description

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.

Basic Details
Property Type : Business Opportunity
Listing Type : For Sale
Listing ID : MRD12130584
Price : $3,000,000
Lot Area : 2 Acre
Features
Cooling System : Central Air
Address Map
Country : US
State : IL
County : Lake
City : Mundelein
Zipcode : 60060
Street : CONFIDENTIAL
Street Number : 999
Floor Number : 0
Longitude : W89° 58' 6.9''
Latitude : N42° 16' 42.8''
Area : Ivanhoe / Mundelein
MLS Addon
Agent Name : Vickie
DaysOnMarket : 11
Directions : Confidential Listing. Serious inquiries only. Con
FrontageType : Public Road, Us Highway, State Road
List Agent Full Name : Vickie Soupos
List Agent MLSID : MRD923551
List Office MLSID : MRD29058
List Office Name : Fulton Grace Realty
Parcel Number : 99999990000000
Tax Year : $2,023
Zoning : COMMR
ListAgentLastName : Soupos
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 09/08/2024 14:08:01
Business Opportunity For Sale
  • Listing ID : MRD12130584
  • Lot Area : 2 Acre
$3,000,000
Agent info
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