24 Year Old-Phenomenal Deli/bakery/restaurant/bar & Live Music Venue!
Asking Price: | $359,000 |
Gross Revenue: | $611,000 |
Rent: | $7,600/Month |
Cash Flow: | $105,000 |
Inventory: | $100,000 |
Established Year: | 2000 |
Established, CREATIVE! Restaurant & Bar In Fast Growing Heights Area!
Established Restaurant in Prime, Fast-Growing Area Inside the Loop** Take over a beloved, 24-year-old restaurant located in a vibrant, booming neighborhood. Kojak's has built a loyal following, hosting weekly live music that adds to its lively, community-driven atmosphere. This turn-key business is primed for growth, with opportunities to expand evening hours, add weekend service, and upgrade to a full bar. The restaurant recently renewed a two-year beer and wine license, valid through 2027. Additionally, a Restaurant Depot wholesale location is just two minutes away, offering significant cost savings of 20-30% on most items compared to major distributors like Sysco and Ben E. Keith. Shopping at Restaurant Depot also allows the use of credit cards, and this year alone, we earned $5,000 in cashback. With minimal upfront cash required and the option to assume an affordable SBA note, this is a rare opportunity to own a thriving restaurant in one of the city's most dynamic areas. Act now—this won’t last long! ---
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