For Sale
$625,000

1051 Ave & 405 Park Flora, IL 62839

Turnkey Restaurant, Bar & Gaming Venues

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity encompasses two thriving, turnkey businesses in Illinois: AJ's Texicana Restaurant & Gaming in Cisne, and East End Still-Picker's Lounge in Flora. Both are currently operating and include their respective LLCs, ensuring a seamless transition for the new owner. AJ's Texicana offers multiple revenue streams from its restaurant, bar, and gaming operations. The property has undergone extensive renovations, including updated plumbing and electrical systems, a remodeled kitchen with a grease trap, new outdoor buildings, a newly added bar, and gaming area. All fixtures, furniture, and equipment (excluding some decor) are included. East End Still-Picker's Lounge boasts over 2500 square feet, featuring a gaming lounge, bar with speed rails and coolers, a large addition (2020) with a stage and pool table area, a well-laid-out store with ample coolers and storage, and two handicap-accessible bathrooms. The property benefits from a high-traffic corner location with excellent visibility, including a drive-through. Included are fixtures, furniture, product, stock, and most equipment. Both properties are offered at a combined asking price of $625,000. Financial details are available to pre-approved buyers. This is a rare chance to acquire two established, profitable businesses with significant upside potential.

Highlights

  • Turnkey acquisition of two established Illinois businesses: AJ's Texicana Restaurant & Gaming and East End Still-Picker's Lounge.
  • Both businesses include their respective LLCs for a smooth transition.
  • AJ's Texicana features a remodeled restaurant, bar, and gaming area with updated systems and new outdoor buildings; FF&E included (excluding some decor).
  • East End Still-Picker's Lounge offers over 2500 sq ft, including a gaming lounge, bar, large addition with stage, ample storage, and two ADA-compliant restrooms; FF&E, product, and stock included (excluding some equipment).
  • Combined asking price: $625,000.

Property Details for 1051 Ave & 405 Park

Property type
Office properties

Location Insight

City
Flora
County
17025
State
Illinois
Latitude
38.6733094
Longitude
-88.4706093

FAQs

What type of property is this?
Office property - Turnkey Restaurant, Bar & Gaming Venues
Where is the office property located?
The property is located at 1051 Ave & 405 Park Flora, IL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Turnkey acquisition of two established Illinois businesses: AJ's Texicana Restaurant & Gaming and East End Still-Picker's Lounge.; Both businesses include their respective LLCs for a smooth transition.; AJ's Texicana features a remodeled restaurant, bar, and gaming area with updated systems and new outdoor buildings; FF&E included (excluding some decor).
How can I contact the broker?
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1051 Ave & 405 Park
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