112 Knoxville StBrimfield, IL 61517

For Sale
$374,900
Turnkey Restaurant, Established Business, Great Potential

Overview

Added:
Feb 3
Days on market:
72
This exceptional turnkey business opportunity encompasses a well-established bar, restaurant, catering operation, and gaming facility situated at 112 E. Knoxville Street in Brimfield, Illinois. The property, totaling 4,160 square feet on a 0.23-acre lot, enjoys a highly visible location on Route 150, ensuring strong community presence and accessibility. The current business, Rookie's Bar and Grill, offers a diverse menu including breakfast, lunch, dinner, and catering services, providing multiple revenue streams. The sale includes the building, business (corporation), and existing inventory, offering a seamless transition for the new owner. Six gaming machines are currently in operation, presenting immediate income generation. Significant potential exists for further revenue growth through expansion of the catering business, hosting live bands and events on the outdoor patio, and exploring additional gaming opportunities. The seller is open to considering seller financing or contract for deed arrangements, but prefers a complete sale of both the business and the real estate. This is a rare opportunity to acquire a profitable, established business with significant upside potential in a thriving community. The asking price for this complete package is $374,900.

Property Details for 112 Knoxville St

Property type
Commercial real estate
Square Feet
4,160 SF
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Brimfield
County
Peoria
State
Illinois
Latitude
40.83878
Longitude
-89.88442
112 Knoxville St, Brimfield, Illinois

FAQs

What type of property is this?
Commercial real estate - Turnkey Restaurant, Established Business, Great Potential
Where is the commercial real estate located?
The property is located at 112 Knoxville St Brimfield, IL.
What is the asking price?
The asking price for this property is $374,900.
How can I contact the broker?
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112 Knoxville St
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