Creating Possibilities in the Restaurant Industry
North America’s #1 Restaurant Broker

Cabana On The Chain Johnsburg, IL - Property Included!

Johnsburg, Illinois
Cabana On The Chain Johnsburg, IL - Property Included!
Asking Price:$1,300,000
Gross Sales: $1,000,000
Cash Flow: $236,000
Value Of FF&E: Included in Asking Price
Real Estate: Property Included In Asking Price
Year Established: 1989
Status: Under Contract

Contact Details

Contact Name: Tom Traina

Contact Email: sales@eatz-associates.com

Contact Phone: 847-651-3834

Contact Fax: 888-673-3045

Contact Broker

Business Description

Incredible opportunity to own your own lakeside bar and grill on the Chain of Lakes. Complete with large outdoor deck with additional exterior bar & seating overlooking the water, boat launch, 68 boat slips and 2 rental properties.

Warm & inviting interior features a full bar with 4 beers on tap, ample seating, tvs to watch sports, dart boards and stone fireplace. Beautiful wooden walls and vaulted ceilings with exposed trusses. Relaxed atmosphere.

Spacious exterior boasts a large wooden deck with another bar, ample outdoor seating, grassy area with picnic tables, playground and plenty of parking.

Fully-equipped kitchen with hood, 2 station POS system and much more. Serving tasty burgers, sandwiches, wraps and wings along with steaks, chicken and pasta. As well as starters, salads, soups, sides and more. Daily food and drink specials. Specialty bloody Mary and Mimosa bar on the weekends.

Revenue: Business Gross Sales = $1,000,000. Rental Income = $1,750/mth. Boat Slip Revenue = $25,000/yr. Boat Launch Revenue = $3-5,000/yr. 2018 Gaming Revenue (location's take) = $57,876.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: McHenry

Location: Premium retail space in a freestanding building perfectly situated on Pistakee Lake. A spot you can walk, bike, drive, jet ski, boat or snowmobile to. Convenient location on the river!

Facilities: 2.03 acres with 400 feet of water front, 68 boat slips, as well as 4 buildings - restaurant/bar, 2 rental properties and storage building. Real estate taxes $36,000/yr. Square Feet: 2,800. Seating: 15 Bar + 42 Inside + 40 Outside. Days/Hrs of Operation: Daily 11a-2a.

Competition: Friendly down-home place to enjoy food, drinks, music, entertainment, all while taking in the gorgeous Chain of Lakes. Also the perfect place to hit the jackpot. Known for their great food, great times and great service.

Growth and Expansion: Well established over 30 years! Local favorite all year round. Popular water front spot. Also awesome snowmobiling joint. Tons of regulars, locals as well as visitors. Boat & water craft in the summer months and snowmobile & snow sports in the winter months. Plus drinks, food, live music, games, gaming and more…has it all!

Support/Training: Two weeks on-site comprehensive training.

Number of Employees: 15-30 (Depending On Season)

Seller Financing: No

Reasons For Selling: Relocating to Florida.

Gross Sales: $1,000,000

Value Of FF&E: Included in Asking Price

 

#1 BUSINESS BROKER OF Independent AND FRANCHISED RESTAURANT OPPORTUNITIES
Contact EatZ & Associates

Interested in buying or selling a restaurant?
Give us a call at 888-971-3289 to see how we can help.

Connect With Us
Have A Question? We are here to help.

Copyright © 2019 All Rights Reserved