Well Known Grayslake Eatery For Sale! Asking $165K TurnKey Business
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| Bus / Bus w/Real Est |
MLS #: |
08171241 |
List Price: |
$165,000 |
| Status: |
NEW |
List Date: |
10/02/2012 |
Orig List Price: |
$165,000 |
| Area: |
30 |
List Dt Rec: |
10/02/2012 |
Sold Price: |
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| Address: |
116 S IL Route 83 Hwy , Grayslake, Illinois 60030 |
| Directions: |
IL Route 83 North of Route 120 |
| Sold by: |
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List. Mkt Time: |
1 |
Rented Price: |
|
| Closed: |
|
Contract: |
|
Lease SF/Y: |
$3,800 |
| Off Mkt: |
|
Points: |
|
Mthly. Rnt. Price: |
$3,800 |
| Corp Limits: |
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Unincorporated: |
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Contingency: |
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| Coordinates: |
N: S: E: W: |
Subdivision: |
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County: |
Lake |
| Year Built: |
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PIN #: |
99999990000000 (Map) |
| Zoning Type: |
Commercial |
Multi PINs: |
No |
| Actual Zoning: |
B-3 |
# Stories: |
1 |
Real Est. Incl: |
No |
| Waterfront: |
No |
Lease Type: |
N/A |
Lease Exp.: |
|
| Lot Dimensions: |
75*300 |
Appx. Bldg SF: |
10000 |
Estimated Cam/Sf: |
$0 |
| Land SF: |
30000 |
Appx. Bsn SF: |
2700 |
Est. Tax per SF/Y: |
$0 |
|
Remarks: Nice opportunity to take a great name on as an on-going turnkey business. Established business for 8 years. Numbers don't reflect growth opportunities Very clean. Come see for yourself. PLEASE DO NOT APPROACH EMPLOYEES. Well known business with a Big interest in local youth sports... Stop by and take a look. Please Call to schedule a private meeting.
Financial Information
| Type Ownership: |
| Frontage Acc: |
| Current Use: |
| Potential Use:Commercial |
| Client Needs: |
| Client Will: |
| Amenities: |
| Known Encumbrances:None Known |
| Location: |
| Lot Size: |
| Construction: |
| Roof Coverings: |
|
| Misc. Outside: |
| Misc. Inside: |
| # Parking Spaces:25 |
| Indoor Parking: |
| Outdoor Parking:31-50 Spaces |
| Business Name:MITCH'S |
| # Full Time Emp: |
| # Part Time Emp: |
| Business Age:7-10 Years |
| Business Type:Food and Beverage, Restaurant |
| Food/Bev Type:Restaurant, Other, Carry-Out, Grill |
| Type Ownership (Bus):Corporation, Family |
| Current Owner:1-3 Years |
| Living Quarters: |
|
| Seating Capacity:51-75 |
| Sale Price Includes:Trade Fixtures, Customer List, Owner Will Train, Cov not to Compete, Lease Hold Interest, Business Name, Key Money/Good Will |
| Air Cond.:Central Individual |
| Electricity: |
| Heat/Ventilation:Forced Air |
| Utilities To Site: |
| Business Pays:Varies by Tenant |
| HERS Index Score: |
| Green Disc: |
| Green Rating Source: |
| Green Feats: |
| Proprietary Info: |
| Sale Terms: |
| Possession:Closing |
| Walk Score®: 78 - Very Walkable |
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| |
Annual Amount |
Year |
Source |
| Gross Sales: |
1 |
2012 |
Broker Projection |
| Cost of Goods Sold: |
1 |
2012 |
Broker Projection |
| Gross Profit: |
1 |
2012 |
Broker Projection |
| Total Operating Expenses: |
1 |
2012 |
Broker Projection |
| Net Profit: |
1 |
2012 |
Broker Projection |
| Adjusted Net Income: |
1 |
2012 |
Broker Projection |
|
| |
Annual Amount |
Year |
Source |
| Annual Rent for Real Estate: |
45600 |
2012 |
Broker Projection |
| Inventory: |
1 |
2012 |
Broker Projection |
| Real Estate Taxes: |
$0 |
2011 |
Broker Projection |
| Gross Payroll: |
1 |
2012 |
Broker Projection |
| Sales Taxes: |
1 |
2012 |
Broker Projection |
|
Agent Remarks: Motivated Seller. Bonus to Buyers Agent when we get a signed contract w/in the 1st 30 days. Bonus paid @ closing w/ CC. Also Looking for a partner and/or investor if you are not ready to buy outright take a look & schedule a private meeting
| Internet Listing: |
All |
Remarks on Internet?: |
Yes |
Addr on Internet?: |
Yes |
| VOW AVM: |
Yes |
VOW Comments/Reviews: |
Yes |
Lock Box: |
None |
| Listing Type: |
Exclusive Right to Sell |
Address on Internet: |
Yes |
Special Comp Info: |
Bonus |
| Coop Comp: |
2.5% -$250 + $1000 (on Net SP) |
Other Compensation: |
|
Confidentiality Agreement Req: |
|
| Information: |
Short Notice OK |
Expiration Date: |
04/01/2013 |
| Broker: |
Foundation Homes LLC (92047) |
Ph #: |
(847) 548-6717 |
Team: |
| List Agent: |
Ray DeLao (26261) |
Ph #: |
(224) 436-0026 |
| Email: |
raydelao@att.net; Looking2buyAHouse@live.com |
Agent Alt Ph #: |
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Agent Addn'l Info: |
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| Co-lister: |
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Ph #: |
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Copyright 2012 MRED LLC - INFORMATION NOT GUARANTEED, REQUEST ADDITIONAL INFORMATION FROM BROKER, INVESTIGATE ENVIRONMENTAL. USE DUE DILIGENCE.
| MLS #: 08171241 |
| Prepared By: Ray DeLao | Foundation Homes LLC | 10/02/2012 09:40 AM |
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