Profitable Steakhouse in Chicago Suburbs

Beecher, IL Restaurant for sale: Voted among top restaurants in the Chicagoland area numerous times with 45 years of consistent business and still going strong.
Beecher, IL Restaurant for sale: Voted among top restaurants in the Chicagoland area numerous times with 45 years of consistent business and still going strong.
Beecher, IL Restaurant for sale: Voted among top restaurants in the Chicagoland area numerous times with 45 years of consistent business and still going strong.
Beecher, IL Restaurant for sale: Voted among top restaurants in the Chicagoland area numerous times with 45 years of consistent business and still going strong.
Beecher, IL Restaurant for sale: Voted among top restaurants in the Chicagoland area numerous times with 45 years of consistent business and still going strong. CLICK TO VIEW ALL PHOTOS

Profitable Steakhouse in Chicago Suburbs

Opportunity to own a turn key steak and seafood restaurant in the south suburbs of Chicago. 45 years of business with strong repeat clientele.



Location

Country:

USA

State or Province:

IL

City:

Beecher

Location Zip or Postal Code:

60401

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Profitable Steakhouse in Chicago Suburbs

Year Established:

1977

Number of Locations:

1

Number of Seats:

Over 150

Size:

8000, Square Feet

Number of Employees:

11-50

Hours of Operation:

Hours: Wednesday 5–9 PM Thursday 5–9 PM Friday 5–10 PM Saturday 5–10 PM Sunday 4–9 PM Monday Closed Tuesday Closed

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Financial Details

Asking Price:

$2,500,000

Gross Revenue:

$2,500,000- $3,000,000

Gross Revenue Range:

$1,000,000+

EBITDA (Earnings before Income, Taxes and Depreciation):

$3,000,000

EBITDA Range:

Over $300,000

SDE Range:

$100,000-$300,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Real Estate Owned

Real Estate Value Included?:

Yes

Contact Listing Owner