Simple Operation - No Kitchen, Limited Food But Lots Of Liquor & Gaming
Belvidere, IL
Asking Price: $129,900
Gross Sales: $266,869
Net Operating Income: $61,051
Monthly Rent: $2,200
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 2017
Owner Operated: No
Seller Financing: No
Food Type: Bar/Pub/Tavern, Video Gaming
Service Type: Full Service
Business Type: Independent
Sale Type: Business For Sale

Description:

A popular pub for adults to enjoy an ice-cold beverage, watch their favorite sports team and enjoy some gaming.

Simple operation - no kitchen, limited food. But lots of liquor and gaming. Only need one person on staff at a time.

Cool pub interior with a rustic modern vibe. Boasts gorgeous woodwork, exposed brick, wooden beams, tin ceilings and long full bar with 8 beers on tap plus 4 under counter display beer coolers. Ample high top and bar seating. Large screen TVs to watch all the games and the latest news. Updated juke box. ATM on premises.

Private video gaming area with its own convenient access to the bar. 2019 gaming revenue of $65,000 (location's take) and growing! 5th machine added in Jan 2020. And city will allow a 6th machine!

Well established over 3 years.

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: Boone
Location:

Prime corner retail space in a spectacular vintage building on the main street of the popular historic downtown business district of this far northwest suburb.

Real Estate: Leased
Facilities:

Leased space - cheap $2,200/mth gross. Landlord to sign new 5-year lease plus is negotiable on options. Square Feet: 1,300 + Basement. Seating: 36. Days/Hrs of Operation: Su-Th 11a-1a & Sat 11a-2a.

Number of Employees: 5
Support/Training: Negotiable # of weeks of on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $5,000 (Not Included In Asking Price)
Competition:

Cold beer and good times. A great place to meet up with family, friends and coworkers. A fun gaming environment. Known for their friendly service. Perfect place to hit the jackpot! Excellent corner location. New expensive build-out. Turnkey!

Growth and Expansion:

A downtown destination. Local favorite drinking and gaming place. Best bar downtown. The spot to be. Loyal customer base. Lots of regulars. Highly rated and recommended, great reputation to continue to build upon. Plus, additional machines will bring in additional gaming revenue!

Seller Financing Available: No
Reason For Selling: Other business interests.