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    OFF-MARKET
    Restaurants

    113 Center St, Bloomington, IL 61701

    Property ID
    Property summary
    AI-generated overview

    This turnkey restaurant in downtown Bloomington, Illinois offers a fantastic opportunity for a new owner. Located at 113 N Center St, this 1,450 square foot single-tenant space boasts a consistent monthly revenue exceeding $11,000. The sale includes approximately $15,000 worth of kitchen equipment, ensuring a seamless transition. A significant advantage is the inclusion of a profitable ghost kitchen operation, adding to the overall revenue stream. The restaurant benefits from a strong social media presence, with over 1,000 followers on Facebook and Instagram, contributing to its established clientele. An existing monthly catering operation further enhances the profitability and provides additional revenue opportunities. This is a fully operational business, ready for immediate takeover, situated in a prime downtown location within McLean County (zip code 61701). The asking price is $60,000 (confidential). This represents a unique chance to acquire a well-established and profitable restaurant business with all the necessary infrastructure and a loyal customer base already in place. The business is ready for immediate operation, minimizing the time and effort required for setup and launch.

    Property profile
    Verified
    Property type Restaurants
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Under Wraps Restaurant
    • A La Tavalo Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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