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Listing View: Tom's Family Restaurant - Homewood, Illinois


Tom's Family Restaurant
Homewood, Illinois

Offered at:
$65,000
Real Estate Included

Revenue: $300,000 / year
Cash Flow: Contact For Info
Lease Rent: $3,500 / month
Square Feet: 4000

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 Listing Description

Family style restaurant in " Beautiful Downtown Homewood, Illinois" . In business for 63 years and the owner has had too much fun and wishes to retire. Freestanding building seats 125 people with parking lot next to building for 68 cars. Local government incentives available for new business providiing up to 50 % of costs for building improvements, retail enhancement, go green initiatives. 22 miles south of Chicago. 3 blocks from comuter rail station. Easy on and off interstate highway.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   1947
Current Owner:   1974
# of Employees:   15
Seating:   125
Square Foot/Size:   4000
Parking:   Private lot for 68 cars
License(s) Required:   Business
Days Open/Hours:   m-f 5 am to 830pm. Sat 5am-3pm. Closed Sunday
Reason For Sale:   Retirement
     
Financial Information
Revenue:   $300,000 / year
Cash Flow:   Contact For Info
Payroll:   $75,000 / year
FF&E:   $50000
     
Lease Information
Lease Rent:   $3,500 / month
Yearly Adjustment:   500 per month after first
Financing Information
Down Payment:   0
All Cash:   65000
Note Balance:   0
Rate/Term of Note:   0
Listed by:   Tom Kataras
Email: Email Seller
Phone:  708-269-5127


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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