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9999 W Algonquin Road

Algonquin, IL 60102
  • $0
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 11950071
$0
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

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Description

Seize the opportunity to own a flourishing breakfast and lunch restaurant perfectly located in a high-traffic area. This turnkey business is fully equipped and features a licensed gaming room, setting the stage for increased revenue through entertainment diversification. Included in the sale are all fixtures, equipment, and an active liquor license. The establishment boasts ample parking with over 90 spaces, ensuring easy access for guests. With the added allure of slot machine entertainment, the potential for this venue is significantly amplified. Strategic positioning on a bustling thoroughfare guarantees continuous patronage. Key features include: Comprehensive sale: business entity, trade assets, and operational gaming room. Valuable liquor license and slot machine approvals are in place. Zoning supports versatile business activities. Owner financing options are available for qualified buyers. Personalized support from current owners to ensure a smooth transition and continued success. This is a unique chance to take over a well-established and profitable operation with substantial growth potential. Ideal for serious investors looking to expand their portfolio in the hospitality industry.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2024-05-21T00:01:02.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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9999 W Algonquin Road Algonquin, IL 60102

  • Price: $0
  • Status: Active
  • On Site: 150 Days
  • MLS #: 11950071
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Algonquin
County:
Kane
Area:
Algonquin
Property Description
Seize the opportunity to own a flourishing breakfast and lunch restaurant perfectly located in a high-traffic area. This turnkey business is fully equipped and features a licensed gaming room, setting the stage for increased revenue through entertainment diversification. Included in the sale are all fixtures, equipment, and an active liquor license. The establishment boasts ample parking with over 90 spaces, ensuring easy access for guests. With the added allure of slot machine entertainment, the potential for this venue is significantly amplified. Strategic positioning on a bustling thoroughfare guarantees continuous patronage. Key features include: Comprehensive sale: business entity, trade assets, and operational gaming room. Valuable liquor license and slot machine approvals are in place. Zoning supports versatile business activities. Owner financing options are available for qualified buyers. Personalized support from current owners to ensure a smooth transition and continued success. This is a unique chance to take over a well-established and profitable operation with substantial growth potential. Ideal for serious investors looking to expand their portfolio in the hospitality industry.
Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat

Property Features

Adjusted Net Income 100000 Adjusted Net Income Year 2022 Annual Rent For Real Estate 41000 Business Age 7-10 Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Algonquin Gross Profit Year 2022 Gross Sales Annual 400000 Gross Sales Annual Year 2022 Mls Actual Status Active Operating Expense 0 Possible Use Liquor License Property Offered For Rent Only Real Estate Included No Rental Price 5 Sale Price Includes BusinessLicense/PermitEquipmentInventoryCustomer ListOwner Will TrainLease Hold InterestPhone Number Seller Needs New Opportunity Seller Will Other Tax Annual Amount 0 Tax Year 2022 Tenant Pays Air ConditioningElectricityHeatInsurance Type Bus / Bus w/Real Est Type Of Lease Net Lease Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of @properties Christie's International Real Estate: 630-530-0900.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2024-05-21T00:01:02.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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