Listings

Summary:

A rare opportunity to acquire one of Chicagoland’s premier destination dining and live entertainment venues.

The combined businesses generate approximately $7.67M million in gross sales, demonstrating its strong and stable performance.

Facility Highlights:
• Freestanding, high-visibility commercial property included in the sale
• Large building footprint with multiple distinct yet connected concepts under one roof
• Spacious full-service restaurant and bar areas with flexible seating configurations
• Expansive four-season patio
• Dedicated live music/entertainment venue with professional stage, lighting and sound systems
• Built-in infrastructure for large-scale events and entertainment programming
• Private event spaces ideal for corporate functions, weddings and social gatherings
• Ability to host simultaneous revenue-generating experiences
• Ample on-site parking supporting high-capacity operations
• Well-maintained property with substantial prior capital investment

Offered at $8,500,000 for the combined businesses and real estate, this turnkey operation delivers exceptional brand recognition, well established systems, multiple revenue streams, significant historical performance and additional growth potential through extended programming and service expansion.

Diversified Revenue Streams:
• Full-service dining (lunch, dinner, weekends)
• High-energy bar with craft cocktails and an extensive wine list
• Nightlife sales
• Live entertainment/ticketed shows
• Private events and group bookings
• Catering and special events

The combination of food, beverage and entertainment creates a powerful, destination-style concept that performs across multiple dayparts and customer segments!

This is a HIGHLY confidential listing. If interested, please complete the short Contact Form on the right or email Ted Aretos at Ted@eatz-associates.com or call 815-761-8334 for more information. Additional information provided to well qualified buyers upon NDA execution, proof of funds and the ability to demonstrate that they have a minimum of $1.7M liquid.

Competition:

An exceptional combination. A dining, drinking and entertainment hub. Boasts diversified and synergistic revenue streams, consistent growth and proven profitability.

The restaurant features an expansive bar, an elevated American menu and ample seating including year -round dining on their four-season patio.

The state-of-the-art live-entertainment venue hosts high- margin private functions, weddings and corporate events alongside ticketed national acts (Ticketmaster/Live Nation/Song Kick presence).

Growth and Expansion:

Established over 3 decades ago with a strong brand presence. A long-standing dining destination partnered with a live music and events venue creating a "dinner + show" ecosystem that consistently draws from the Chicagoland metro area as well as regional visitors.

Also, the opportunity to enhance profitability through expanded marketing, booking and programming.

Location:

Prime retail space in a striking freestanding building with ample parking.

In a highly desirable Chicagoland market with strong discretionary spending, repeat local clientele and regional draw for dining and live entertainment.

Location Highlights:
• Prominent positioning along a major corridor with strong traffic counts
• Immediate access to/from major commuter routes and regional thoroughfares
• Proximity to retail corridors, corporate offices and residential communities
• Strong surrounding household incomes and discretionary spending power
• Consistent draw from both local clientele and destination visitors
• Established reputation as a go-to dining and entertainment destination in the market

Facilities:

Property Information: Custom built freestanding building with expansive footprint, high-end finishes, ample parking, high visibility and easy access. Recently renovated with significant capital investment in mechanicals, HVAC, AV infrastructure, lighting and patio enclosures. On 29,157 sqft or 0.669 acre. Real estate taxes $64,217.

Square Feet: 13,000.

Seating: 200 Restaurant + 350 Venue.

Days/Hrs of Operation: Restaurant Tu-Sa 11a-9p & Su 10a-9p | Venue 11a-12m Tue-Sun.

Owners Role: Oversees operations - experienced team in place.

Real Estate: Owned.

Value of FF&E: Included In Asking Price (Valued At $1,000,000).

Value of Inventory: $150,000 (Not Included In Asking Price).

Number of Employees: 75.

Support/Training: Negotiable on-site comprehensive training along with a defined transition period.

Seller Financing Available: No (SBA financing is available to qualified buyers with a minimum of 10% down, provided they can demonstrate proof of funds of at least $1.7M in liquidity and show 10% post close in liquid cash or access to it).

Reason for Selling: Retiring.