A profitable gorgeous banquet hall is available for sale with a real estate in an affluent Northwest suburb of Chicago. Surrounded by national and local retail centers, shops, restaurants, and corporate businesses. Great location with easy access to the expressway. Variety of parties: weddings, funeral luncheons, religious gatherings, corporate, business events, and catering. Very busy and successful. Most weddings are booked 1-2 years in advance. All staff including 3 managers will stay with a new owner. The current owner will help with training and smooth transaction. All deposits for future weddings will be transferred to the new owner at closing. The current owner wants to retire. 20,196 SF building with an additional 3,000 SF of mezzanine storage is situated on 2.46 acres of land. The whole property is conveniently located close to the expressway and makes it a perfect re-development project as a boutique hotel or a mix-use building. Zoned C-3 (General Commercial). Highly confidential, operational business. Request NDA.
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Listing information last updated on February 17th, 2020 at 1:35am CST.