Bar for Sale in Chicago

Well established 10 years old restaurant/bar that generates close to a million dollars in annual sales for sale. This high-traffic location is near University Of Illinois, Medical District, University District with plenty public transportation and taxis near by. Ample parking in front and near the establishment. Inside the large bar, there is a large kitchen to make your new business even more profitable, with a huge outdoor patio. There are 2 large bars in 2 separate rooms, with 2 separate entrances with plenty of seating that has a maintenance free bar top with an estimate of 20 tap handles. There are a few Flat screen TV’s with an upgraded sound system to fill the spacious dining rooms. The establishment has a clean design that can accommodate many different types of concepts including a live concert or live band. All bar equipment and kitchen equipment stays which includes a hood and 2 walk-in freezer and 1 walk-in cooler and so much more. ALL THE NEW OWNER HAS TO DO IS PURCHASE THE BAR, TAKE OVER and MAKE MORE MONEY. This PRIME LOCATION of bar/restaurant is a 100% turnkey. You have the opportunity to bring your own concept and grow the business even bigger. The sell includes all inventory and furniture except pool table and business licenses.


  • Image 1 of the business listed for sale
  • Image 2 of the business listed for sale

Type of business: bar, restaurant, cafe

*Patio License
*Tavern License
*Retail Food License
*Public Place Of Amusement License (Can charge at door for private events)
*Public Transportation, Taxi's and Rideshare services easily accessible
*Can have 2 Businesses In One, Which Will Allow You To Substantially Increase You ROI
*Plenty Of Parking In Front
*Near University, Near A Couple Hospitals
*Minutes From Downtown and Greek Town
*High Traffic Street and Neighborhood

Asking price

399000

Reason for selling

Retiring

Required buyer qualifications

Must sign NDA along with providing Proof Of Funds To Close and/or a pre-approval.

Sales Memorandum

Download Sales Memorandum

Contact seller


Category: Business | Bar


Updated:

Located in Chicago, Illinois, US

Listed by

Ebonie Caldwell Realty Portfolio