Catylist ID:
#30643176
THE FISH AND CHICKEN PLACE––SEA CAPTAIN
Business Opportunity
for Sale
| Catylist Listing ID: | 30643176 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 2,000 SF |
| Sale Price: | $59,900 |
| In Opportunity Zone? | Yes |
| Name of Establishment: | SEA CAPTAIN |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Last Updated: | 9/22/2020 |
Overview / Comments
|
THE FISH AND CHICKEN PLACE –- SEA CAPTAIN LOCATED JUST OUTSIDE THE NORTHERN ILLINOIS CAMPUS SURROUNDED BY STUDENT HOUSING. DORMS , DUPLEX, MULTI-UNIT COMPLEX AND BUSINESS DISTRICT.IT IS A TURN KEY OPERATION AND THE END UNIT OF A SHOPPING CENTER WITH AMPLE PARKING. IT IS A LOCAL FAVORITE AND MAJORITY OF THE CUSTOMER IS WITHIN THE WALKING DISTANCE. OPEN LATE NIGHT AND CAPTURES THE COLLEGE CROWD ESPECIALLY IN THE WEEKENDS. LOW RENT /ALL TRADE FIXTURES INCLUDED IN THE SALE. THIS PLACE IS KNOWN FOR IT’S SPECIAL SAUCE FROM FAR AND AWAY. VERY ELABORATE MENU CATER TO THE STUDENT CUSTOMERS. GREAT CARRY OUT BUSINESS . IT IS A OWNER OPERATOR INVESTMENT. MONTHLY REPORTED GROSS SALES AROUND $20,000 TO $25,000 DOLLARS WITH A 60 % MARGIN. GOOD MONTHLY NET CASH FLOW. POTENTIAL GOOD FUTURE FOR THIS BUSINESS WHEN NEW HOUSING FOR STUDENTS WILL BE ADDED AFTER THE OLD MOVIE THEATER TORN DOWN. EXPANDED HOURS DURING SCHOOL IN SESSION. ADDING MORE ITEMS IN THE MENU CHART. ALSO ADDING LIQUOR AND VIDEO GAMING BUSINESS TO INCREASE SALES.. ADDING AN ATM MACHINE WILL INCREASE SALES INSTANTLY. FUN PLACE TO HANGOUT WITH FRIENDS. CURRENTLY THE STORE IS OPEN LIMITED HOURS FROM 4:00 PM TO 2: 00 AM |
Additional Details
| Nearest MSA: | Chicago-Naperville-Elgin |
| County: | DeKalb |
| Industry Segment: | Restaurants |
| Reason for Selling: | MOVING OUT OF STATE |
| Value of Inventory Included ($): | $2,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $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 LIQUOR 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 |
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Rockford Area REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
