Established Steakhouse with Real Estate - Retirement Sale
Financial Details
- Asking Price:
- $50,000
- Annual Revenue:
- $120,000
- Cash Flow / SDE:
- $29,500
- Profit Metric:
- Total Revenue
- Valuation Multiple:
- 1.7x
- Location:
- Old Riley Township, IL, US
- Source:
- Date:
- October 08, 2025
Key Highlights
Description
This listing presents an established steakhouse with a rich history, operating in the same location for 75 years. The owners are ready to retire, offering a prime opportunity for a new owner to take over a well-rooted business. Recent updates include a new bar floor and a replaced broiler, ensuring modern functionality. A large walk-in freezer is available for inventory management. The business benefits from experienced employees already in place. This is a chance to acquire a restaurant for less than the cost of starting a new one from scratch. The real estate associated with the property is also available for purchase. For inquiries regarding the real property or to schedule a viewing, contact DBK Realty IL, LLC.
Industry Information
- Industry Description:
- Steakhouse Restaurant
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1940
- Employees:
- 0
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- For_sale
- Monthly Rent:
- $0 USD
Assets & Inventory
- FF&E Value:
- $145,728 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $8,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Bruce Thompson
- Company:
- First Choice Business Brokers
- Phone:
- (636) 445-5444
Listing Details
- Listing ID:
- f9b87e16-83a5-4961-849c-f1717788679b
- Source Listing ID:
- 24699
- Deal Status:
- For Sale
- Last Updated:
- October 08, 2025
- Currency:
- USD