Under Contract

Fully-Equipped Newly Built-Out Sports Bar w/Drive-Thru – Sought-After Arlington Heights, IL!

Bring Your Concept Here

Arlington Heights, IL

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Food Type: American, Any, Bar/Pub/Tavern/Lounge, BBQ Place, Drive-Thru, Grill, Liquor License

Service Type: Full Service

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $135,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $10,500

Lease Expiration: 11/2027

Lease Options: One 5-Year Option

Year Established: 2022

Owner Operated: No

Seller Financing: No

Summary:

Incredible opportunity to bring your concept to this outstanding bar & restaurant space in a phenomenal location!

Clean modern build-out with high quality finishes. Features high ceilings, exposed ductwork, massive beams, cool stonework, smooth concrete floors and more. Large full bar with 8 beers on tap and several display coolers. Ample seating for 144 at booths, tables, high tops and the bar. Plus, an outdoor patio that can seat another 40. And a drive-thru!

Large fully equipped open kitchen includes 45 feet of exhaust hoods, 10-burner stove w/2ovens, 6ft flat top grill, 6ft char grill, three deep fryers, two 3-well steam tables, two sandwich units, salamander, warming cabinet, Southern Pride rotating-shelf smoker with vent, walk-in cooler & freezer, ice machine and so much more. Plus, Toast POS system, 9 camera security system, sound system and 12 large screen tvs. And a pool table!

Asset sale - all furniture, fixtures and equipment (FF&E) included. Independent - no royalty, advertising or transfer fees. Currently operating as a Sports Bar & BBQ serving classic American fare and specialty BBQ. Turnkey - bring your concept here!

This is a HIGHLY confidential listing. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Competition:

Newly built-out. Awesome set up. Striking interior and exterior. Ideal location in a sought-after northwest suburb. Great place to meet up with family, friends and co-workers. Perfect place to watch a game. 2a liquor license. Built for high volumes!

Growth and Expansion:

At the edge of a highly visible shopping center near several other highly visible shopping centers, all with fantastic tenant mixes. Close to 3 of the area’s most heavily traveled four-lane arterials with traffic counts of 28,800, 30,700 and 39,000 vehicles per day. Plus, a 5-mile population of 328,272 with an average household income of $96,813!

Location:

Prime corner retail space in a freestanding building on a major thoroughfare/retail corridor lined with many regional and national retailers. Also, near a major intersection. Boasts great signage, visibility, access, parking and high traffic counts.

And perfectly situated just 7 minutes from the Arlington Park Racecourse/NEW Chicago Bears stadium!

County: Cook

Facilities:

Lease Information: Leased space $10,500/mth gross. Current lease expires Nov 2027 with one 5-year option.

Square Feet: 5,000.

Seating: 144 Inside + 40 Outside.

Days/Hrs of Operation: Mo-Th 11a-12 & Fr-Sa 11a-2a (Closed Sundays).

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $200,000).

Value of Inventory: Not Included In Asking Price.

Number of Employees: 10.

Seller Financing Available: No.

Reason for Selling: Seller is relocating.

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