Beloved Long-Established Restaurant And Banquet Hall With Property! For Sale

Description

Established restaurant and banquet hall with real estate for sale in Lyons, Illinois.

The business has been operating for more than 42 years and is family owned.

The property includes a full-service restaurant, bar, banquet space, gaming area and dedicated parking.

Business details

• Breakfast, lunch and dinner service
• Full bar
• Banquet hall accommodating approximately 45 to 250 guests
• Banquet space can be divided for two separate events
• Large commercial kitchen
• Semi-private gaming area
• Six video gaming machines
• ATM

Reported gaming revenue is approximately $82,947.

The business holds a liquor license allowing service until 2:00 AM, with service until 3:00 AM on Saturdays, subject to continued licensing and local approval.

The freestanding building sits on a corner location with onsite signage and customer parking.

The transaction is structured as an asset sale with the real estate included. Furniture, fixtures and equipment are also included.

The business is independent and has no franchise fees.

Buyers should verify the stated gaming revenue, real estate condition, equipment, liquor license, Illinois video gaming approvals and banquet occupancy requirements during due diligence.

The listing is confidential. Showings are available by appointment only.