Commercial EnterpriseVerified Seller
"Thriving Elmwood Park Bar & Gaming Venue For Sale"
Elmwood Park, IL
Asking Price$500,000
Annual RevenueUpon Request
EBITDA / Cash FlowUpon Request
Executive Overview
Discover a unique opportunity to own a cherished neighborhood bar in Elmwood Park, IL, featuring a loyal clientele, a thriving gaming venue, and substantial growth potential. Priced at $500,000, this business is a gem for both seasoned operators and aspiring bar owners.
Key Investment Highlights
- •Strong Local Following: Enjoy a dedicated customer base that frequents the bar for its inviting atmosphere and excellent service.
- •Proven Gaming Revenue: Benefit from a successful gaming venue that offers a steady and lucrative income stream.
- •Historic & Vibrant Atmosphere: The bar has been a community staple since 1933, offering a warm and lively environment.
- •Potential for Expansion: Leverage the established foundation to grow through expanded offerings, special events, or extended hours.
With over 60 years of history and only three owners, this beloved bar is ready for a new chapter. The current owners, having managed the business successfully for nearly 20 years, are retiring, offering a turnkey operation with immense potential. Additionally, the property includes both the bar real estate and a rental house on one parcel, with the seller open to considering all reasonable offers for the business and real estate. Seize this rare chance to step into a well-maintained, profitable operation and elevate it to new heights.