In A Freestanding Building With Ample Parking At A Main Intersection In The Thriving Revitalized Business District Downtown
Rockford, IL
Asking Price: $139,000
Gross Sales: $660,516
Net Operating Income: $56,696
Monthly Rent: $3,500
Lease Expiration: 10/2022
Options: Two 5-Year Options
Year Established: 2012
Owner Operated: No
Seller Financing: No
Food Type: Bar/Pub/Tavern, Grill
Service Type: Full Service
Business Type: Independent
Sale Type: Business For Sale

Description:

An American pub & eatery featuring amazing hand-crafted burgers, beer dough flatbreads, tasty sandwiches & wraps, bone-in pork chops, farm fresh chicken, house made soups, hand-cut fries, specialty mac & cheeses and much more. Plus, an extensive list of craft beers and signature cocktails.

Dine-in and take-out, plus catering. Simple operation.

Cool rustic modern build out. Casual vibe. Vintage Americana décor. Fully equipped kitchen. Full bar with 12 beers on tap. Lots of seating at the bar, high tops, tables and booths. And full basement for storage.

Well established over 7 years! Independent, no royalty, ad or transfer fees.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Winnebago
Location:

Prime corner retail space in a freestanding building with ample parking at a main intersection in the thriving revitalized business district of downtown Rockford. Tons of foot and vehicle traffic.

Perfectly situated in downtown Rockford full of shops, museums, galleries, breweries, restaurants, coffee houses, swanky lofts, yoga studios, one-of-a-kind attractions and booming businesses. Offering the area’s finest collection of arts, entertainment, sporting events, cultural venues & activities, unique dining & shopping experiences, historic neighborhoods, attractive parks, grand churches and a rich historic architectural legacy. And all along the Rock River, the biggest focal point of the city!

Plus, continued growth is expected with new events, new projects, new developments, more investment, more renovation and more new businesses coming to downtown Rockford. A popular destination for both local residents and visiting boaters from around the region!

Rockford, in general is the 3rd largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders!

Real Estate: Leased
Facilities:

Leased space $3,500/mth gross. Current lease expires in Oct 2022 with two 5-year options. The city is the landlord. Square Feet: 2,903. Seating: 97. Days/Hrs of Operation: Mo-Th 11a-11p, Fr-Sa 11a-1a, Su 11a-10p.

Number of Employees: 14
Support/Training: Negotiable on # of weeks of on-site comprehensive training.
Value of FF&E: Included In Asking Price
Competition:

Excellent location in the heart of downtown Rockford. Cool downtown bar and grill. One of a kind. Great fresh-from-scratch food. Creative cuisine. Delicious comfort food. Boasts local ingredients and seasonal agriculture. A delicious dining experience. Fun atmosphere. Perfect place to enjoy with friends and family. Also known for their friendly service.

Growth and Expansion:

Rockford’s gourmet burger bar. Local favorite. A popular destination. A downtown staple. The place to eat downtown. Great for lunch, dinner, meetings and after work celebrations. Highly rated and recommended, great reputation to continue to build upon. Time to get in is now! A perfect spot in Rockford’s revitalized downtown near the convention center and a huge new hotel development. Also, an ideal location to add video gaming to increase your bottom line!

Seller Financing Available: No
Reason For Selling: Changing careers.