Entire Restaurant Completely Renovated In 2016 - Bring Your Concept Here
River Grove, IL
Asking Price: $99,000
Gross Sales: $(For Lease)
Net Operating Income: $(For Lease)
Monthly Rent: $5,700
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 2015
Owner Operated: No
Seller Financing: No
Food Type: American, Any, Bar/Pub/Tavern, Beer & Wine, Bistro, Cajun, Greek/Mediterranean, Grill, Italian, Lounge, Pizza Place, Seafood, Steakhouse, Wine Bar
Service Type: Full Service
Business Type: Independent
Sale Type: Space For Lease

Description:

Incredible freestanding brick building with large expansive windows, an amazing interior with a gorgeous bar and impeccable professional kitchen.

Asking $99,000 for the $150,000 worth of FF&E (fixtures, furniture & equipment). Fully equipped with a $25,000 wood burning pizza oven, 14ft exhaust hood w/heated air return, 10-burner stove with oven, 2ft char grill, double stack convection oven, two 2-door reach in coolers, 1-door reach in freezer and so much more.

Entire restaurant completely renovated in 2016 with all new equipment, plumbing, electric, HVAC, roof and more.

Full liquor license. Also, video gaming is allowed in River Grove.

Previously operated as an Italian restaurant with bar. Great space for any type of restaurant - bring your concept here!

Feel free to stop by the location first. This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime retail space in a freestanding building with a 2nd entrance in rear along with ample shared convenient municipal parking. On busy Grand Ave. Adjacent to Mario Novelli’s Barber Salon and Starbucks. Across two busy plazas. Walking distance to River Grove and Elmwood Park Rail Stations.

Perfectly situated in River Grove, the village of “Friendly Neighbors.”

Real Estate: Leased
Facilities:

Leased space $5,700/mth gross. New lease with options. Property Information: Built in 1950. Renovated 2016. 2019 real estate taxes $20,000. Square Feet: 2,850. Seating: 45 Dining Room + 12 Bar

Value of FF&E: Included In Asking Price
Competition:

Amazing décor. Stylish and hip atmosphere. Equipment in excellent condition. A woodfired pizza place, an upscale restaurant and a cool bar all in one!

Growth and Expansion:

Ideal restaurant location on the north side. Great neighborhood spot. Local gem. On Grand Ave lined with businesses and high traffic volumes! Surrounded by a vast commercial and residential area.

Seller Financing Available: No
Reason For Selling: Space available.