Highly profitable restaurant & bar located in the beautiful downtown area of Arcola, IL. This restaurant has been entirely renovated over the past two years. The owner recently put on a new $30,000 roof, renovated lights and plumbing, added new chairs & tables. The kitchen has been renovated with new appliances, hood, and Ansul system. The owner has also added a new $5,700 surveillance system, and new TV's. The restaurant currently has FIVE gaming machines and that will be increasing to SIX. Gaming machine bets are also being raised from $2 to $4 shortly. Gaming aspect of business alone making over $110,000 annually. Restaurant on pace to sell over $500,000 of food & liquor in 2019 in addition to gaming revenue. The business typically has $25,000 to $30,000 of food & liquor in inventory. Business will sell with everything, in addition to FB page, website, and name if desired. Owner relocating to save money on kids out of state tuition & find a more business friendly state.
|--||New Value: $259,000|
|9/29/2019 12:37:17 AM||New Value: Active|
|9/23/2019 11:37:14 AM||New Value: $259,000|
|9/23/2019 11:37:14 AM||New Value: Price Change|
|7/16/2019 12:07:53 AM||New Value: Active|
|7/10/2019 4:10:00 PM||New Value: $295,000|