103 3Rd StLondon Mills, IL 61544

For Sale
$250,000

Turnkey Restaurant, Established Business, High-Demand Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional opportunity presents the chance to acquire a fully operational, turnkey bar and restaurant located at 103 3rd Street, London Mills, Illinois, 61544. Priced at $250,000, this established business boasts nearly 40 years of operation, building a strong reputation within the community and beyond. The property itself is classified as commercial land and retail space, offering a unique blend of established business and real estate investment potential. The restaurant, known as Spoonies, is renowned for its high-quality food, particularly its pork tenderloins, which have garnered significant local and regional acclaim. Features include a well-established customer base and a proven track record of success. The business has been highlighted in publications such as Pursuing Pork Tenderloin and Peoria Local Legends Magazine, further solidifying its reputation as a top destination for pork tenderloins in the Greater Peoria area. This turnkey operation offers immediate income potential and a strong foundation for continued growth in a desirable location. The property's location in London Mills, Fulton County, Illinois, provides access to a loyal customer base and offers significant potential for expansion and further development. This is a rare opportunity to own a successful, long-standing restaurant with a strong brand identity and a proven history of profitability. The sale includes the land and the established business, presenting a complete and ready-to-operate package.

Highlights

  • Turnkey bar and restaurant for sale at $250,000.
  • Established business with nearly 40 years of operation in London Mills, IL.
  • Commercial land and retail space included in sale.
  • Strong reputation and loyal customer base.
  • Proven track record of profitability and immediate income potential.

Location Insight

City
London Mills
County
Fulton
State
Illinois
Latitude
40.712539
Longitude
-90.2665534
103 3Rd St, London Mills, Illinois

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103 3Rd St
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