THIS IS A COMPLETED SALE
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Restaurant - Buidling and Contents - Online Only Auction
Previous Page Listing ID#: 82543
Auction Location |
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Carlinville, IL Full Address Available on Sunday, Jul 15 |
Auction Dates and Times |
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Bidding Starts: Monday Jul 16 Bidding Ends: Tuesday Aug 21 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Cory Craig Auctioneer Website: www.corycraig.com GoToAuction.com ID#: 2420 View company information and listings |
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Listing Terms and Conditions |
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10% down at close of auction. Balance due and possession at closing on or before Friday, September 21, 2018. Buyer will be required to enter into a written contract at the close of the auction. Lange Title Records Co Inc 130 East 1st South Street # 1 Carlinville, IL 62626 will handle all title work and closing. Real Estate sold "AS IS", no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding.
Cory Craig, Auctioneer
1840 Timbercrest Dr.
Taylorville, IL 62568
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Listing Information |
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COMMERCIAL REAL ESTATE AUCTION
"Online bidding only"
18838 IL- 4
Carlinville,IL 62626
STARTS: Monday, July 16 @ 6 p.m.
ENDS: Tuesday, Aug. 21 @ 6 P.M.
Open House:
Sunday, Aug. 5 1:00-3:00 P.M.
Monday, Aug. 13 5:00-7:00 P.M.
Commercial building (Formerly Crabby's supper club and the Glades) right next to the Carlinville Country Club. This property has been utilized as a restaurant and bar since the 1960's. This building sits on 1.96 acres and it is right off of Historic Route 66. This historic fine dining with a casual atmosphere restaurant has amazing views overlooking the 9th hole of Carlinville Country Club. This restaurant is full of rich history and has been operating since the late 1960‘s. Multiple purchase and or lease options available.
This establishment is being sold as a turnkey family owned business with a 2016 projected gross income of near $500,000. You would be buying the property and everything inside the establishment, but not the decor. The current owner is keeping the decor. The restaurant and bar sits on 1.96 acres which gives the new owner plenty of room for expansion. The restaurant is in Carlinville city limits with city water and sewer.
The sale would consist of the following:
Dining
All tables, chairs, flatware, dinner wear, glasses, menu covers, and etc...
Bar Area
- Point of Sale System, totaling 3 screens
- 4 Televisions throughout the restaurant and bar
True 2 tower keg box with 4 tappers
True 95x30 inch 3 door beer slider TD-95-38
etc...
Kitchen
True brand reach in commercial bi-door refrigerator
Beverage Air cold table with 2 doors
3 bay 50 lbs each Fry Master with oil filter built in
2 bay portable prep table
6 burner range
48 inch Charboiler
Avantco salad prep table
Vulcan 2 door warming oven
Danasonic microwave
Walk in cooler with dimensions of 6x8ft
Walk in cooler with dimensions of 10x12ft, newer 3 year old compressor
4 Crosleys freezers with digital readout
Banquet equipment
Buffet station
8-10 Camera system that records on motion
Leased 400lb ice maker
Leased dish washer
etc...
Seating Capacity
- Trophy room 30 people comfortably
- Bar area 16 people comfortably
- Dining room 70 people comfortably
- Banquet 75 people comfortably
Spent approximately $100,000 on improvements
New partial roof
New ceiling in Trophy Room "overlooks golf course" and Banquet Room
New siding on front of building
New addition approximately 7x27ft in the dining room
New addition approximately 12x30ft for dry storage and for walk in cooler
New lit sign that is sun sensitive
Bar bathroom is updated
New bar flooring
New carsiding in bar area
New glass and carsiding on wall that separates the bar and dining room
New tile in foyer
Sidewalks are 1 year old with handicap accessibility
etc...
Don't miss out on this incredible opportunity to own a historic restaurant and bar off of Historic Route 66 and right next to Carlinville Country Club. For more details and to setup a private showing Contact the Auctioneer's.
Terms and Conditions:
10% down at close of auction. Balance due and possession at closing on or before Friday, September 21, 2018. Buyer will be required to enter into a written contract at the close of the auction. Lange Title Records Co Inc 130 East 1st South Street # 1 Carlinville, IL 62626 will handle all title work and closing. Real Estate sold "AS IS", no warranties either expressed or implied. Real Estate taxes will be pro-rated up to time of closing. Have all financial arrangements and inspections made prior to bidding.
Cory Craig, Auctioneer
1840 Timbercrest Dr.
Taylorville, IL 62568
and
United Country Land & Home Sales and Auction
300 West Main Suite B
Carlinville, IL 62626
1 Restaurant Building & Contents COMMERCIAL REAL ESTATE AUCTION "Online bidding only" 18838 IL- 4 Carlinville,IL 62626 STARTS: Monday, July 16 ENDS: Tuesday, Aug. 21 @ 6 P.M. Open House: Sunday, Aug. 5 1:00-3:00 P.M. Monday, Aug. 13 5:00-7:00 P.M. Commercial building (F... |
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