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    1030 Viaduct Road

    Savanna, IL 61074
    • $1,950,000
    • STATUS: Active
    • ON SITE: 289 days
    • MLS #: 10640875
    UPDATED: 73 min ago
    $1,950,000
    • 0
      BEDS
    • 5.74
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,000
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Truly unique investment opportunity. POOPY'S bar and restaurant is recognized as one of the most popular bar/restaurants in the Midwest and across the country! The original owners have created their own brand that is loved by thousands of their loyal customers and their customer base continues to evolve and expand every single year! The new investor will be acquiring a cash flowing asset immediately, with unbelievable upside. Current owners have not even scratched the surface of marketing. Over the past 20+ years the original owners have built this amazing asset from the ground up with simple grass roots development and have developed this it into a cash cow machine with top of the line facilities throughout the premises. This amazing 6 acre property with picturesque landscape offers 4 fully functional bars, Top of the Line commercial kitchen furnished with meticulously maintained equipment including deep friars, cook tops, stainless prep tables and shelving, ovens, coolers/freezers, etc. (All included in sale), professional stage and entertainment complex finished with multi-tiered custom concert seating, 3 outdoor beer garden patios, huge independent apparel store, 4 gaming machines, private parking for over 200+. Additional neighboring lot with singe family residence can be purchased separately as well. a Too much to even list. All financials and inquiries available from listing agent.

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    © 2020 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-12-04T14:54:29.003 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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    1030 Viaduct Road Savanna, IL 61074

    • Price: $1,950,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 10640875
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.74
    Acres
    9,000
    SQFT
    $217
    $/SQFT
    Neighborhood:
    Savanna
    County:
    Carroll
    Area:
    Savanna
    Property Description
    Truly unique investment opportunity. POOPY'S bar and restaurant is recognized as one of the most popular bar/restaurants in the Midwest and across the country! The original owners have created their own brand that is loved by thousands of their loyal customers and their customer base continues to evolve and expand every single year! The new investor will be acquiring a cash flowing asset immediately, with unbelievable upside. Current owners have not even scratched the surface of marketing. Over the past 20+ years the original owners have built this amazing asset from the ground up with simple grass roots development and have developed this it into a cash cow machine with top of the line facilities throughout the premises. This amazing 6 acre property with picturesque landscape offers 4 fully functional bars, Top of the Line commercial kitchen furnished with meticulously maintained equipment including deep friars, cook tops, stainless prep tables and shelving, ovens, coolers/freezers, etc. (All included in sale), professional stage and entertainment complex finished with multi-tiered custom concert seating, 3 outdoor beer garden patios, huge independent apparel store, 4 gaming machines, private parking for over 200+. Additional neighboring lot with singe family residence can be purchased separately as well. a Too much to even list. All financials and inquiries available from listing agent.
    Exterior Features

    Approx Land Sq Footage 9000 Construction Materials Steel Siding Miscellaneous Outside CourtyardEnclosed PorchSecurity LightingSun DeckSwimming PoolOther Outdoor Parking Assigned Spaces Parking Total 200 Roof Composition

    Interior Features

    Cooling Central Air Electric 201-600 Amps Heat Ventilation Central Bldg Heat Miscellaneous Inside Handicapped AccessPrivate Restroom/SPublic Restroom/SStorage InsideOther Seating Capacity 100+

    Property Features

    Additional Parcels YN No Adj Net Income Year 2018 Adjusted Net Income 300000 Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Poopy's Business Type Bar/Tavern/LoungeFood & BeverageRestaurantRetailOther Corporate Limits Savanna Cost Of Goods Sold 611619 Cost Of Goods Year 2018 Food Beverage Type RestaurantBanquetPizza ParlorOtherGrill General Information List Broker Must Accompany Gross Payroll 57130 Gross Payroll Year 2018 Gross Profit 838294 Gross Profit Year 2018 Gross Sales Ann Year 2018 Gross Sales Annual 1449913 Inventory 611618 Inventory Year 2018 Known Encumbrances None Known Living Quarters Possible Lot Size 5.0-5.99 Acres Lot Size Dimensions 5.54 ACRES Net Operating Income Year 2018 Net Profit 499001 Number Of Full Time Employees 40 Operating Expense 950912 Ownership Type Corporation Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessLicense/PermitEquipmentFranchise Transfer FeePatents/CopyrightsTrade FixturesTrade Mark/SInventoryCustomer ListOwner Will TrainFranchise RightsPhone NumberBusiness Name Sales Taxes 120000 Sales Taxes Year 2018 Tax Annual Amount 29176 Tax Year 2018 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoofScavengerStructureTax StopsSewerGas Total Operating Expenses Year 2018 Type Bus / Bus W/Real Est Type Of Lease None Unincorporated YN No Utilities Electric To SiteGas To Site Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2020 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-12-04T14:54:29.003 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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