Southern Illinois Winery and Banquet facility.

Listing ID: 1108KK
Location: Metro East
Industry: Wineries
Price: $2,990,000

Southern Illinois Winery and Banquet facility.

MOTIVATED SELLER HAS dropped 400k off price on this Very popular winery, restaurant, banquet hall, concert venue and much more. Located on 10 plus acres with many other sources of revenue. This owner is retiring after many years and ready to pass is on to someone willing to take it to the next level. This is a turn-key business with seating up to 300 plus patrons and large banquet facility that can hold 400 plus people. The kitchen is large and fully equipped along with 4 dining areas and multiple bars inside and outside. There is a wine making room and large storage room along with 2 covered patios included in this sale. This winery has had large concerts with up to 2500 people in the past. There is so much more included in this sale and includes over 500k in furniture, fixtures and equipment. The owner is open to some owner financing and has this priced to sell at 2.9 million.

Please call Ken Kunkel at 636-346-0293 for more information about this business. Please reference ID#1108KK.

Average Gross Sales: $1,000,000

FF&E Value: $500,000
Estimated Inventory (not included in sale price): $125,000

Own/Lease: Own
Square Footage: 18902