999 CONFIDENTIAL, Mundelein, IL 60060

  • $3,000,000
  • $3,000,000
999 CONFIDENTIAL, Mundelein, IL 60060
  • Business Opportunity
  • Property Type
For Sale
999 CONFIDENTIAL, Mundelein, IL 60060
  • $3,000,000
  • $3,000,000

Overview

Property ID: 24528594
  • Business Opportunity
  • Property Type

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.

  • Address 999 CONFIDENTIAL
  • City Mundelein
  • State/county IL
  • Zip/Postal Code 60060
  • Country United States

Details

Updated on August 23, 2024 at 5:40 am
  • Property ID: 24528594
  • Price: $3,000,000
  • Property Type: Business Opportunity
  • Property Status: For Sale
  • Living Area: 13000
  • MLS#: MRD12130584
  • Office Name: FULTON GRACE REALTY
  • Agent Name: Vickie Soupos
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD29058
  • List Agent MLSID: MRD923551
  • List Date: 2024-08-09T13:58:16.000Z
  • Cooling: Central Air
  • Tax Annual: 55360.5
  • Tax Year: 2023
  • County: Lake

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