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    700 S Gregory Street

    Urbana, IL 61801
    • $150,000
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 10664995
    UPDATED: 52 min ago
    $150,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    A very attractive and established restaurant on the East side of the U/I Campus. Located in the very popular Gregory Place surrounded by many other retail establishments. Selling the equipment and assets of the company. Currently a BBQ Chicken Franchise. List of equipment and copy of lease attached. Great opportunity to convert to your theme and not go through the hasssle of a new build-out. Call Dan for an Appointment. Pre-qualified showings only.

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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 2020-11-25T07:51:41.59 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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    700 S Gregory Street Urbana, IL 61801

    • Price: $150,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 10664995
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Urbana
    County:
    Champaign
    Area:
    Urbana
    Property Description
    A very attractive and established restaurant on the East side of the U/I Campus. Located in the very popular Gregory Place surrounded by many other retail establishments. Selling the equipment and assets of the company. Currently a BBQ Chicken Franchise. List of equipment and copy of lease attached. Great opportunity to convert to your theme and not go through the hasssle of a new build-out. Call Dan for an Appointment. Pre-qualified showings only.
    Exterior Features

    Approx Land Sq Footage 1723 Outdoor Parking 31-50 Spaces Parking Total 60

    Interior Features

    Cooling Central Air Heat Ventilation Ceiling UnitsGas Indoor Parking 31-50 Spaces

    Property Features

    Adj Net Income Year 2019 Adjusted Net Income 2000 Annual Rent For Real Estate 30000 Business Age Unknown Business Type Restaurant Corporate Limits Champaign Cost Of Goods Sold 62000 Cost Of Goods Year 2019 Existing Lease Type Net General Information None Gross Payroll 75500 Gross Payroll Year 2019 Gross Profit 42000 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 400000 Inventory 155000 Inventory Year 2019 Known Encumbrances None Known Net Operating Income Year 2019 Net Profit 30000 Operating Expense 318000 Property Offered For Rent Only Real Estate Included YN No Sale Includes BusinessEquipment Sales Taxes 26500 Sales Taxes Year 2019 Tax Annual Amount 20959 Tax Year 2018 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsurance Total Actual Rent 2500 Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease Net Lease

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams-Trec.


    © 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 2020-11-25T07:51:41.59 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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    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822