Keep The Current Concept Or Make It Your Own - Great Live/Work Opportunity Or Additional Rental Income In Apartment Above
Crete, IL
Asking Price: $269,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 1970
Owner Operated: Yes
Seller Financing: No
Food Type: Bar/Pub/Tavern, Beer & Wine, Grill, Pizza Place, Video Gaming
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale With Property

Description:

A fun, entertaining and friendly hangout with full bar and delicious pizza and food.

Bar features 7 beers on tap. Ample seating inside and out. Large fenced-in deck out back. Pool table, darts, jukebox and 2 horseshoe pits, plus 6 video gaming machines. 2019 gaming revenue (location’s take) = $58,174.

Fully equipped kitchen includes a 15ft exhaust hood, 2 Bakers Pride deck pizza ovens, 2 walk-in coolers and much more.

Also 3-bedroom apartment on the 2nd floor (currently unoccupied). And parking for 40 vehicles.

Well established. Keep the current concept or make it your own. Great live/work opportunity or additional rental income in the apartment above!

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: Will
Location:

Prime retail space in a freestanding building with ample parking. Perfectly situated on a major state highway running through this growing suburb in Will County. Across from two large manufacturers. Also, surrounded by many commercial businesses and homes.

Real Estate: Owned
Facilities:

Built in 1951. Freestanding building. On 1 acre = 43,560 sqft lot. Real estate taxes $8,800/yr. Square Feet: 5,400 (3,584 sqft 1st floor + 1,816 sqft 2nd floor apartment). Seating: 70. Days/Hrs of Operation: Daily 10:30a-1a. Owners Role: Owner operated.

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

Known for their good food and cold beer. Best pizza in town. Rocking jukebox. Fun atmosphere. Friendly staff.

Growth and Expansion:

Local favorite. Perfect hometown bar. Staple in the community. Lots of regulars. Highly rated and recommended, great reputation to continue to build upon.

Seller Financing Available: No
Reason For Selling: Retiring.