For Sale

Beloved Long-Established Italian Restaurant w/Bar Hoffman Estates, IL – 12 Years!

In A Popular 44,961 SqFt Neighborhood Center On A Heavily Traveled Corridor With Over 25,000 VPD

Hoffman Estates, IL

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Food Type: Any, Italian, Liquor License

Service Type: Full Service

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $159,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $8,232

Lease Expiration: 05/2026

Lease Options: One-5 Year Option

Year Established: 2013 (Current Owner 2021)

Owner Operated: Yes

Seller Financing: No

Summary:

Serving incredible authentic Italian cuisine.

Full-service restaurant with a full-service bar. Dine-in, carryout, pickup and delivery, plus party packages, catering and trays to go. Online ordering also available. Reservations accepted.

Features a warm and inviting dining room, a beautiful bar area, plus an additional dining room for private events (~50 guests). A popular spot for communions, birthday parties, showers, rehearsal dinners, anniversaries, holiday gatherings, corporate events and more. As well as live music a couple of nights a week.

Along with a large fully equipped kitchen includes two hoods (10ft & 14ft), 10-burner stove, 4-burner stove w/oven, 2 deep fryers, steam unit, bread oven & warmer, pasta warmer, meat slicer, cappuccino maker, refrigerated prep tables, reach-in coolers & freezers, walk-in cooler & freezer and much more.

Well established over 12 years. Current owner over 4 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) as well as name and recipes included, but no financials.

Turnkey - keep the current concept or bring your own here!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please complete the short Contact Form on the right or email Tim Ryan at Tim@eatz-associates.com or call 847-343-1332 for more information. Showings by appointment only outside of business hours.

Competition:

A cozy traditional Italian eatery. True classic Italian cooking with amazing authentic flavors. Every dish is handcrafted with the freshest ingredients. And gourmet catering. Well-known for their house-made pastas/sauces, wood-fired pizzas, fresh fish and decadent desserts, plus great wines. As well as their friendly attentive service.

Inviting interior. Spacious yet intimate dining atmosphere. Robust cocktail bar. And a huge professional kitchen. Built-out for large volumes!

Growth and Expansion:

Longtime local favorite Italian place. Beloved institution in the neighborhood. Staple in the community. Area gem. Loyal following. Tons of regulars. Surrounded by a vast commercial and residential area. Highly rated and recommended, solid reputation to build upon.

Also, the opportunity to further increase sales by extending hours and adding lunch plus weekend brunch.

Location:

Prime retail space in a popular 44,961 sqft neighborhood center with other sought-after tenants and ample parking for over 250 vehicles. Boasts prominent signage, excellent visibility, easy access and ample parking.

Perfectly situated at a signalized intersection on a heavily traveled corridor with over 25,000 vehicles per day. Near a mega-church with over 8,000 members and large community college with over 16,000 students. Also, just minutes from a popular shopping & entertainment district and expansive retail & hotel node. Plus, near corporate campuses and hospitals/medical offices and so much more.

As well as surrounded by the affluent neighborhoods of Hoffman Estates, Inverness and South Barrington. Over 49,000 residents with a median household income over $118,000 within a 3-mile radius and over 171,107 residents with a median household income over $97,000 within a 5-mile radius.

County: Cook

Facilities:

Lease Information: Leased space $8,232/mth gross. Current lease expires May 2026 with one 5-year option.

Square Feet: 4,500.

Seating: 99.

Days/Hrs of Operation: Mo-Th 4p-9p, Fr-Sa 4p-10, Su 4p-8p (Dinner Only).

Owners Role: Supervisory (manager) - oversees the operation.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $150,000).

Value of Inventory: $20,000 (Not Included In Asking Price).

Number of Employees: 15 Part-Time.

Support/Training: Two weeks on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Downsizing.

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