A Vibrant Outdoor Center Featuring Many National Retailers, Restaurants, Offices + An AMC Movie Theater & Hotel
Mount Prospect, IL
Asking Price: $79,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $8,600
Lease Expiration: 12/2023
Options: One 5-Year Option
Year Established: 2018
Owner Operated: Yes
Seller Financing: No
Food Type: American, Any, Bar/Pub/Tavern/Lounge, BBQ Place, Breakfast & Lunch/Brunch, Cafe, Cajun, Chinese, Diner, German, Greek/Mediterranean, Grill, Indian, Italian, Japanese, Mexican/Tex-Mex, Pizza Place, Seafood Place, Steakhouse, Video Gaming, Wine Bar
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale

Description:

Currently operating as a Mexican cantina and bar featuring street tacos, burritos, chimichangas, fajitas, entrees, appetizers, soups, salads, sides, desserts and amazing drinks.

Full-service restaurant. Dine-in, carryout and catering. Online ordering through Chow Now and GrubHub.

Full bar and full liquor license. Serving premium margaritas and mojitos, along with 10 Mexican beers. Plus, a full wine list, the best tequilas and more.

Gorgeous modern interior. Light and airy. Smooth concrete floors, expansive windows and dramatic high ceilings with exposed ductwork. Spacious dining area with ample seating. Also, private dining area for up to 30 guests. Cool open kitchen featuring a self-cleaning hood. Stylish bar with both indoor and outdoor seating, including a large fenced in patio with colorful iron furniture.

Asset sale - all FF&E included. Already approved for video gaming. Keep the current concept or make it your own!

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: Cook
Location:

Prime retail space in Randhurst Village, a beautiful open-air mixed-use lifestyle center with an inviting outdoor environment and ample parking. Perfectly situated in a highly sought-after northwest suburb.

This vibrant center features many national & regional retailers such as DSW, Michaels, Old Navy, PetSmart, TJMaxx and Torrid, plus a 12-screen state-of-the-art AMC movie theater. As well as health & fitness, personal services, business offices and a 140-room hotel.

Other popular eating & drinking establishments include Blackfinn, Buffalo Wild Wings, Chipotle, Eggsperience, Five Guys, Jersey Mikes, McAlister’s Deli, Menchie’s Frozen Yogurt, Mod Pizza, Nothing Bundt Cakes, Outback Steakhouse, Panera Bread and Steak n’ Shake.

In addition to a Costco, Home Depot and Jewel-Osco in its out lots. And new retailers keep opening. The newest favorite shopping and entertainment center in the area. The perfect place to shop, eat, work, play and stay!

Also, just 20 minutes from Allstate Arena events, Donald E. Stephens Convention Center and Rivers Casino.

Real Estate: Leased
Facilities:

Lease Information: Leased space $8,600/mth gross. Current lease expires in Dec 2023 with one 5-year option. Square Feet: 3,300. Seating: 80 Inside & 35 Outside. Days/Hrs of Operation: Daily 11a-10p. Owners Role: 50% owner operated.

Number of Employees: 4 Full-Time & 6 Part-Time
Support/Training: TBD # of weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Competition:

Homemade recipes. The freshest and trendiest ingredients. The most amazing Mexican delights. Authentic street dishes with a modern flare. Flavorful sauces.

A real gem. Incredible build-out. Ideal location adjacent movie theater. Great signage, visibility and access.

Growth and Expansion:

Great location. Popular lifestyle center. Surrounded by a vast commercial and residential area. And high traffic counts. Sought after northwest suburb.

Seller Financing Available: No
Reason For Selling: Other interests.