THE FISH AND CHICKEN PLACE
Business Opportunity
for Sale
| Catylist Listing ID: |
30643176 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
2,000 SF
|
| Sale Price: |
$54,000 |
| In Opportunity Zone? |
Yes |
| Name of Establishment: |
SEA CAPTAIN |
| Gross Revenue: |
$0 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Last Updated: |
1/2/2021 |
Overview / Comments
PRICE REDUCED TO SELL
GREAT RETURN ON INVESTMENT.
LOCATED JUST OUTSIDE OF NORTHERN ILLINOIS UNIVERSITY CAMPUS SURROUNDED BY STUDENT HOUSING. DORMS , DUPLEX, MULTI-UNIT COMPLEX AND BUSINESS DISTRICT.IT IS A TURN KEY OPERATION . THE END UNIT OF A SHOPPING CENTER WITH AMPLE PARKING. IT IS A LOCAL FAVORITE . OPEN LATE NIGHT AND CAPTURES THE COLLEGE CROWD ESPECIALLY IN THE WEEKENDS. LOW RENT & ALL TRADE FIXTURES INCLUDED IN THE SALE. VERY ELABORATE MENU CATER TO THE STUDENT CUSTOMERS. GREAT CARRY OUT BUSINESS . IT IS AN OWNER OPERATED INVESTMENT. MONTHLY GROSS SALES REPORTED AROUND $20,000 TO $25,000 DOLLARS WITH A 60 % MARGIN.
GOOD MONTHLY NET CASH FLOW. ADD VIDEO GAMING BUSINESS TO INCREASE SALES. GREAT MEETING PLACE FOR THE LOCALS. CURRENTLY THE STORE IS OPEN LIMITED HOURS.
|
Additional Details
| Nearest MSA: |
Chicago-Naperville-Elgin |
| County: |
DeKalb |
| Industry Segment: |
Restaurants |
| Reason for Selling: |
MOVING OUT OF STATE |
| Value of Inventory Included ($): |
$2,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$0 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Mgmt/Training Support Description: |
MGMT/TRAINING IS PROVIDED TO THE NEW BUYER AS NEEDED |
| Competition/Market Description: |
LIMITED COMPETITION SIMILAR BUSINESS |
| Growth/Expansion Opportunities: |
INCREASE SALES BY ADDING VIDEO GAMING BUSINESS
INCREASE SALES BY EXPANDING HOURS |
| Seller Financing Description: |
NONE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
21,823 |
40,794 |
60,453 |
| Median Age: |
24.43 |
29.43 |
30.91 |
| Households: |
6,538 |
14,562 |
22,204 |
|
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