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3930 W School Street, Chicago, IL 60618
3930 W School Street, Chicago, IL 60618
  • $185,000

Overview

Property ID: 12055087
  • Business Opportunity
  • Property Type
  • 1447

Description

Business Only For Sale – Rarely available European Sports Bar and Cafe in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $315K. Video gaming was recently added to increase potential revenue. Monthly rent is $4,000 per month and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF. Please do not disturb existing business, but feel free to patronize the establishment. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses can be transferred via short term management agreement until new licenses are issued. There is no real estate for sale with this listing.

  • Address 3930 W School Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60618
  • Area CHI - Avondale

Details

Updated on August 17, 2024 at 8:35 am
  • Property ID: 12055087
  • Price: $185,000
  • Property Size: 1447
  • Garage Size: x x
  • Property Type: Business Opportunity
  • Property Status: Active

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