Under Contract

High-Volume Waterfront Restaurant & Bar w/Gaming – Northern Lake County!

Boasts An Inside & Outside Bar, Fenced-In Patio, Boat Slips, Live Music, Video Gaming & More

Far North Suburb of Chicago, IL

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

Service Type: Full Service

Business Type: Independent

Sale Type: Business For Sale

Asking Price: $549,000

Gross Sales: $1,828,126

Net Operating Income: $221,654

Monthly Rent: $4,300

Lease Expiration: 07/2026

Lease Options: Two 5-Year Options

Year Established: 2021

Owner Operated: Yes

Seller Financing: No

Summary:

A popular restaurant and bar on the shore of a busy marina. Offering a fun and casual environment, great pub-style food, outstanding service and refreshing cocktails.

Full-service. Dine-in or out, takeout and 3rd party delivery. Online ordering also available. Rewards program. Gift cards. Open year round!

Nicely build-out. Features high ceilings, large expansive windows and an inviting fireplace. Fully equipped kitchen. Large wrap around bar with 10 beers on tap. Ample seating both inside and out. Tv’s to watch all the games. Spacious fenced-in patio with tiki bar overlooking the water. And a huge grassy area with picnic tables. A total of 35 boat slips. Private party room upstairs. Live bands on the weekends. Something for everyone!

Plus, 6 video gaming machines and ATM. 2023 gaming revenue (location’s take) $45,524.

Established 3 years. Independent - no royalty, advertising or transfer fees. Owner operated. All recipes and training included. Year over year sales up 28%!

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:

Waterfront drinking and dining at its best. Delicious food. Quality eats. Great selection. Amazing weekly specials. Cold beer. Creative signature cocktails. Outstanding service. Wonderful live music. Welcoming atmosphere. Awesome indoor, patio and grass seating. Plus, beautiful water views and sensational sunsets!

Ideal location - right on the water. With easy dock access!

Growth and Expansion:

Area gem. A favorite on the chain. A “must stop” on the water. A great place for the entire family. The place to drink, dine and chill. Tons of regulars. Popular with both boaters and locals!

Excellent reviews. Rated 5.0 TripAdvisor, 4.9 Facebook, 4.5 Google, 4.0 Yelp and more. High rated and recommended, great reputation to continue to build upon. And huge social media following!

Location:

Prime retail space in a freestanding building with ample parking and ample boat dock access on the shore of one the busiest recreational inland waterways in northern lake county!

The area serves as an aquatic mecca for boating/water leisure in the summer months and skiing/snowmobiling in the winter months. Also, hosts numerous pro and amateur national fishing tournaments.

Plus, surrounded by a vast residential area of lake homes!

County: Lake

Facilities:

Lease Information: Leased space $4,300/mth gross in-season (Apr-Sep) & $3,400/Mth Gross off-season (Oct-Mar). Current lease expires Jul 2026 with two 3-year options.

Square Feet: 3,000.

Seating: 150 Inside & 80 Outside.

Days/Hrs of Operation: Open We-Su (Closed Mo-Tu).

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $65,000).

Value of Inventory: $15,000 (Not Included In Asking Price).

Number of Employees: 25 (10 Back of House + 11 Servers + 4 Bartenders).

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

Seller Financing Available: No.

Reason for Selling: Other interests.

Well-Established Local Bar w/Gaming Far Northwest Suburb of Chicago - Prime Historic Downtown Location!
Very High-Volume Bar & Grill w/Gaming Far Northwest Suburb of Chicago - Gaming Revenue $130,000 & Growing!