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    2061 W Galena Avenue

    Freeport, IL 61032
    • $339,900
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: 11109066
    UPDATED: 25 min ago
    $339,900
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,152
      SQFT
    • $158
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Averaging over 150 customers per day this restaurant continues to have a strong, loyal, regular customer base, more like extended family. Gross sales already over $220,000 for 5 months of 2021. 2020 sales with 289 days open over $370,000. 2019 sales over $541,000. Hours 6am to 3pm. Great location on Business Highway 20. Exciting chance to continue the Restaurant that has been Family Owned since 1993, regular customers will become like family too. Restaurant includes 22 Tables, 45 parking spaces, 2 HVAC one is new in 2017, water heater new 2017, water softener new 2016, dishwashing machine new 2015, fryer new 2019, commercial microwave new 2014, walk-in compressor new 2019, carpet new 2020! Turnkey. Seating area 36x34, Kitchen 23x22, Two bathrooms at 9x5, Office 6x5, Walk-in freezer 11x7, Walk-in cooler 8x7. 2019 Gross sales $591,053, Customer traffic 86,790 (140 per day), June 2019 changed from 6 am to 9 pm to only 6 am to 3 pm due to family priorities. 2020 Gross sales $370,081, Customer traffic 43,539 (151 per day) only open 289 days. 2021(5 months) Gross sales $219,472, Customer traffic 24,948 (174 per day).

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-02T11:56:08.607 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    2061 W Galena Avenue Freeport, IL 61032

    • Price: $339,900
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 11109066
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    2,152
    SQFT
    $158
    $/SQFT
    Neighborhood:
    Freeport
    County:
    Stephenson
    Area:
    Freeport
    Property Description
    Averaging over 150 customers per day this restaurant continues to have a strong, loyal, regular customer base, more like extended family. Gross sales already over $220,000 for 5 months of 2021. 2020 sales with 289 days open over $370,000. 2019 sales over $541,000. Hours 6am to 3pm. Great location on Business Highway 20. Exciting chance to continue the Restaurant that has been Family Owned since 1993, regular customers will become like family too. Restaurant includes 22 Tables, 45 parking spaces, 2 HVAC one is new in 2017, water heater new 2017, water softener new 2016, dishwashing machine new 2015, fryer new 2019, commercial microwave new 2014, walk-in compressor new 2019, carpet new 2020! Turnkey. Seating area 36x34, Kitchen 23x22, Two bathrooms at 9x5, Office 6x5, Walk-in freezer 11x7, Walk-in cooler 8x7. 2019 Gross sales $591,053, Customer traffic 86,790 (140 per day), June 2019 changed from 6 am to 9 pm to only 6 am to 3 pm due to family priorities. 2020 Gross sales $370,081, Customer traffic 43,539 (151 per day) only open 289 days. 2021(5 months) Gross sales $219,472, Customer traffic 24,948 (174 per day).
    Exterior Features

    Approx Land Sq Footage 2152 Frontage Type State Road Miscellaneous Outside Handicapped Access Outdoor Parking 31-50 Spaces Parking Total 45

    Interior Features

    Cooling Central Air Heat Ventilation Forced AirGas Miscellaneous Inside Handicapped AccessPublic Restroom/S Seating Capacity 100+

    Property Features

    Additional Parcels YN No Adj Net Income Year 2020 Adjusted Net Income 136536 Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Food & BeverageRestaurant Corporate Limits Freeport Cost Of Goods Sold 105000 Cost Of Goods Year 2020 Food Beverage Type RestaurantCarry-Out General Information After Hours Only Gross Payroll 66092 Gross Payroll Year 2020 Gross Profit 265081 Gross Profit Year 2020 Gross Sales Ann Year 2020 Gross Sales Annual 370081 Inventory 15000 Inventory Year 2020 Known Encumbrances None Known Lot Size .50-.99 Acre Lot Size Dimensions 120X199 Net Operating Income Year 2020 Net Profit 136536 Operating Expense 128545 Operating Expense Includes InsuranceSuppliesUtilitiesReal Estate Tax Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentTrade Fixtures Sales Taxes 26400 Sales Taxes Year 2020 Tax Annual Amount 7553 Tax Year 2020 Tenant Pays TaxesInsuranceSewer Total Operating Expenses Year 2020 Type Bus / Bus W/Real Est Type Of Lease None

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Property Source.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-02T11:56:08.607 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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