Great Bones - Can Easily Be Converted To Any Concept
Downers Grove, IL
Asking Price: $75,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $10,000
Lease Expiration: 06/2027
Options: (Options)
Year Established: 2022.
Owner Operated: No
Seller Financing: No
Food Type: American, Any, Bar/Pub/Tavern/Lounge, BBQ Place, Bistro, Breakfast & Lunch/Brunch, German, Greek/Mediterranean, Grill, Indian, Italian, Japanese, Liquor License, Mexican/Tex-Mex, Pizza Place, Seafood Place, Steakhouse, Thai
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale

Description:

Incredible opportunity to bring your concept here.

Currently operating as a Mexican grill and bar serving delicious authentic Mexican fusion cuisine. Formerly a pizza pub.

Full service. Dine-in, carryout or curbside pickup.

Clean modern exterior. Warm and inviting interior. Spacious dining room with ample seating for 155, plus a private party room for 50. As well as a separate full bar with 3 tall beverage coolers, large screen tvs, 16 bar stools and additional seating. Large professional kitchen features a 25ft hood, 10-burner oven w/2 ovens, 4ft flat-top grill, 3ft char grill, fryer, 3-well steam table, 2 wall mounted salamanders, double-decker pizza oven, 3-door sandwich unit and much more. Full basement with prep-area, 2nd walk-in cooler, walk-in freezer, storage and office. Also, the restaurant comes with an existing storage container outside.

Turnkey. Excellent build-out. Asset sale - all furniture, fixtures and equipment (FF&E) included. Independent - no royalty, advertising or transfer fees. Also, no financials. Bring your concept here. Great bones - can easily be converted to any concept!

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 owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: DuPage
Location:

Prime retail space in a freestanding building with monument sign in an out lot of Fairview Plaza, a 43,898 sqft prominent shopping center on the northeast corner of 75th St and Fairview Ave.

Other popular tenants include Cellar 406, Darien Cleaners, Distinctive Coins, DLD Dance Center, Fairview Tobacco, Fast Signs, Four Seasons Nails, Lou Malnati’s, OnMain Financial, State Farm, Tutor Time and more.

Directly across Darien Towne Center with Aldi, O’Reilly Auto Parts, PetSmart, The Home Depot and a Walmart Supercenter. And just down the street from Downers Park Plaza with Best Buy, Dollar Tree, Old Navy, TJ Maxx/Homegoods and a Shop & Save Market. Also, close to Chestnut Court with Joann Fabrics, Ross and Shoe Carnival. Plus, Woodgrove Festival with Kohls and Hollywood Blvd Cinema.

Perfectly situated on busy 75th St with over 40,188 vehicles per day and Fairview Ave with over 12,800 vehicles per day. Located at a signalized intersection of two major thoroughfares near the I-355 interchange!

Real Estate: Leased
Facilities:

Lease Information: Leased space $10,000/mth gross. Current lease expires Jun 2027. Landlord will give options. Square Feet: 4,970. Seating: 155. Days/Hrs of Operation: Tu-Th 3p-10p, Fr-Sa 12n-11p, Su 12n-10p (Closed Mondays).

Number of Employees: 3.
Value of FF&E: Included In Asking Price (Valued at $150,000).
Value of Inventory: Not Included In Asking Price.
Competition:

Ideal location. Boasts great signage, visibility, access and parking. Great set up inside. Inviting atmosphere.

Rated 5.0 Facebook, 4.6 Google, 4.5 Yelp and more. Highly rated and recommended, great reputation to continue to build upon if you keep it a Mexican restaurant!

Growth and Expansion:

Built for high volumes. Conveniently located. In a thriving plaza. Benefits from high traffic counts. Near many other busy shopping centers filled with many popular regional and national retailers. And its surrounding area has strong demographics!

Seller Financing Available: No.
Reason For Selling: Partner’s health.