For Sale

High-Volume Restaurant & Bar Affluent Northwest Suburb of Chicago – Sales Over $1.3 Million!

A+ Location In a Vibrant Community Gathering Place That Offers An Incredible Combination Of Retail, Dining, Entertainment & Residential

Northwest Suburb of Chicago, IL

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Food Type: American, Bar/Pub/Tavern/Lounge, Grill, Liquor License

Service Type: Full Service

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $399,000

Gross Sales: $1,365,154

Net Operating Income: $215,306

Monthly Rent: $16,068

Lease Expiration: 05/2027

Lease Options: Two 5-Year Options

Year Established: 2021

Owner Operated: No

Seller Financing: No

Summary:

A popular newer restaurant & bar serving amazing American contemporary cuisine and craft cocktails in a lively atmosphere. Their innovative menu offers a diverse range of traditional favorites with a creative twist. Offers a wonderful variety of tasty appetizers, salads, sandwiches, burgers and specialty entrees including wood-fired flatbreads, steak frites, seafood dishes and pasta creations. Also, a great kid’s menu and mouth watering desserts. Plus, vegetarian and gluten-free options.

Full-service. Dine-in or carryout, plus packaged meals and outstanding catering. Can accommodate private parties up to 120 people. Online ordering also available. And reservations accepted.

Also, a full bar with an extensive selection of handcrafted cocktails, both classic and innovative ones. In addition to a variety of wines, beers and non-alcoholic beverages. Happy hour 4-6p Sunday-Friday. Plus, hosts live music, DJ nights and fun events. Also, has 7 large screen tvs and state-of-the-art audio.

Completely remodeled in 2021. Gorgeous modern yet rustic build-out. Built with all high-quality materials. Boasts a striking exterior with a huge wrap around patio. And a stylish interior with cool concrete floors, expansive windows, reclaimed wood walls, beautiful tile work and one-of-a-kind light fixtures. Ample seating both inside and out. Fully equipped kitchen with large hood, full kitchen line and much more.

Established 2 years. Independent - no royalty, advertising or transfer fees. Absentee owned and operated. Turnkey - full-time manager and well-trained staff in place!

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 outside of business hours.

Competition:

A phenomenal urban kitchen. A popular dining destination offering comfort foods and creative cocktails. Everything prepared fresh with high-quality ingredients. Also, premium spirits, fresh fruits and house-made infusions to craft unique and flavorful drinks.

Served in a vibrant and energetic atmosphere. With a warm and inviting ambiance. Perfect place for a drink, to watch a game, a casual dinner with friends, a date night or to celebrate a special occasion. Family friendly and dog friendly patio. Also, known for their excellent service!

Growth and Expansion:

New local favorite. Center gem. Neighborhood “go to”. A must try. Tons of regulars. Welcome addition to the area!

A+ location in a vibrant community gathering place that offers an incredible combination of retail, dining, entertainment & residential. Highly desirable north shore destination. The area’s newest hottest spot. Close to everything - train station, park district and more. At the center of it all!

Rated 5.0 TripAdvisor, 5.0 Facebook, 4.5 Yelp, 4.5 Google & more. Highly rated & recommended, great reputation to continue to build upon. Can also open for lunch during the week!

Location:

Prime corner retail space in an amazing transit-oriented mixed-use development featuring 100,000 sqft of open-air retail space, a dozen sought-after restaurants, several entertainment options and over 300 luxury apartments and townhouses.

This thriving development is perfectly situated on 16-acres and features a modern contemporary design. It was built with the goal of creating a dynamic and walkable urban center for residents and visitors to enjoy. The center officially opened in 2019 and has since become THE destination in the area!

Its growing retail component includes a variety of stores, boutiques and services including grocery stores, fitness centers, beauty salons and more. Features both local businesses and well-known national chains.

In addition to a diverse range of dining options. Numerous restaurants and eateries offering a variety of cuisines. The perfect place for a quick snack, a casual meal or fine dining.

It also features a state-of-the-art 10-screen movie theater in a luxurious setting with comfortable seating and a full menu, plus alcoholic beverages. The center also hosts various events and activities throughout the year including live music performances, festivals and community gatherings, further enhancing its role as a social hub of the area.

The development also includes sleek apartments and townhomes, as well as pedestrian-friendly walkways, outdoor seating areas and landscaped spaces to create an inviting atmosphere.

Overall, this town center brings together retail, dining, entertainment and residential in one convenient location. Serving as a gathering place for the community and attracts visitors from all its surrounding areas!

And it’s all located in the heart of the downtown area of a prestigious northwest suburb of Chicago with a population of over 40,000. Boasts award-winning schools, beautiful parks and a flourishing business community. Named one of the 10 best places to raise a family!

County: Cook

Facilities:

Lease Information: Leased space $16,068/mth gross. Current lease expires May 2027 with two 5-year options.

Square Feet: 4,000.

Seating: 128 Inside & 42 Outside.

Days/Hrs of Operation: Mo 4p-9p, Tu-Sa 11a-9p, Su 12n-9p.

Real Estate: Leased.

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

Value of Inventory: 12,000 (Not Included In Asking Price).

Number of Employees: 14.

Support/Training: Two weeks on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Other business obligations.

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