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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 (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

 

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