1st Quarter 2022 Sales Up 31% Over 1st Quarter 2021- Pre-Covid Sales As High As $1.4 Million
DuPage County, IL
Asking Price: $325,000
Gross Sales: $1,106,769
Net Operating Income: $128,365
Monthly Rent: $12,061
Lease Expiration: 09/2026
Options: Two 5-Year Options
Year Established: 2016
Owner Operated: No
Seller Financing: No
Food Type: Bar/Pub/Tavern/Lounge
Service Type: Full Service
Business Type: Franchise
Sale Type: Business For Sale

Description:

A popular corner bar and sophisticated gastro-pub. The perfect place to meet friends, enjoy live entertainment, the big game, or enjoy a tasty menu of casual foods and craft drinks - both cocktails and brews. And a great place to people watch and an even better place to gather and experience their delicious food offerings and their amazing selection of 500+ bottles & cans of craft beers and spirits, including 50 rotating beers on tap. Also, the perfect spot to have a party. Plus, a great event calendar of special events!

Full service. Dine-in, carryout, pickup and delivery thru GrubHub. Offering a simple, yet carefully planned “upscale bar food” menu featuring the brand’s signature Barbarian Pretzel, salads, specialty pizzas, desserts and much more. Along with a tasty bunch menu available on Saturday and Sunday. Plus, on-tap menu and signature cocktail menu. Also, online and mobile ordering. And happy hour. As well as a rewards card.

Cool industrial interior features exposed ductwork, brick walls, smooth concrete floors, metal chairs and amazing garage doors that open to the sidewalk patio. Small, elevated stage for a DJ or live music. Many large coolers packed with beer!

Well established location for over 6 years. Absentee owned and operated. Turnkey - no additional investment required!

1st Quarter 2022 sales up 31% over 1st quarter 2021! Pre-Covid sales as high as $1.4 Million!!

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: DuPage
Location:

Prime corner retail space directly across the street from the Metra train station in the heart of an affluent western suburban downtown. In its entertainment district on its charming main avenue with lots of vehicle/foot traffic and ample parking in the city’s lots and on the street. This amazing, revitalized downtown is filled with restaurants, eclectic shops, services, residences and a movie theater that draws workers, commuters, visitors and families alike. Also hosts festivities every month of the year including special events, festivals, performances, parades and more. Plus, it’s surrounded by many upscale homes. And their outstanding private university with over 3,400 students is located just a 1/4 mile away!

Perfectly situated in a vibrant tree-lined densely populated western suburb just 16 miles west of Chicago's loop with thriving retail, great dining, outstanding theatre & art, excellent museums and a variety of family friendly events during the year. Is convenient to both O’Hare and Midway Airports, as well as major highways 290, 294 and 88.

Chicago magazine ranked this sought-after community as the #1 Best Place to live out of 192 Chicagoland suburbs. Money magazine also named it among the region’s “Hottest Burbs.” It’s a city blessed with the ideal combination of schools, parks, culture, housing, transportation, safety and location. Long recognized as one of the most admired communities in DuPage County, is an appealing place for young professionals, families and businesses.

Real Estate: Leased
Facilities:

Leased space $12,061/mth gross. Current lease expires in Sep 2026 with two 5-year options. Square Feet: 4,100. Seating: 120 Inside & 30 Outside. Days/Hrs of Operation: Mo-Tu 3p-10p, We-Th 11:30a-10p, Fr 11:30a-12m, Sa 11a-12m, Su 11a-10p.

Number of Employees: 20
Support/Training: Two-three weeks on-site comprehensive training. Plus, on-going support from the franchise.
Value of FF&E: Included In Asking Price (Valued at $150,000)
Value of Inventory: 30,000 (Not Included In Asking Price)
Competition:

An idyllic venue with energetic vibes. A space where the community can come together to enjoy great food, drinks, and entertainment all in a relaxed atmosphere. Also, great for work groups and private parties. A place where the beer is always cold, the food is always delicious and the live music is always great!

A franchise that keeps innovating. Features hundreds of local and American craft beer choices. Immense beverage offerings and high-quality food. Authentic craft beers. Selections from around the world. Serving time tested craft beer, cocktail and food menus. All served in a social, fast casual atmosphere. An open, inviting setting. Cool place. And easy to operate kitchen!

Ideal suburban downtown location. Known for their big tv’s, live entertainment, stylish interior, fun atmosphere, friendly staff, huge selection of craft beers, creative cocktails and fantastic food.

Growth and Expansion:

The franchise began in 2012 as an American corner-bar, craft beer concept aiming to marry a cool, casual vibe with a curated craft beer list. Currently has several locations in 4 states with several opening in 2 more states - is steadily evolving into a national brand.

Seeks to remain on the leading edge to bring all these things to its guests as tastes and trends evolve. A planned and proven business model. A growing brand. A local hangout - fun place with an upscale experience and incredible local appeal. Lots of regulars. Loved by many!

At the leading edge of a rapidly growing industry. Americans love their beer: of the massive $221 billion alcoholic beverage industry, beer carves out a hefty $101.5 billion segment. The US craft beer market has soared by double-digits and is expected to capture a 20% share of the overall beer market in coming years.

And craft liquors are enjoying their own wave of growth, with the number of artisan distilleries increasing by 30% a year. The National Restaurant Association recently named artisan spirits - “the craft beer version of hard liquor”- as a top trend. The $5 billion craft beer production industry is one of the fastest growing and most popular alcoholic beverage segments in the US; bolstered by the growing popularity of craft beer among consumers!

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