For Sale

New Listing! Newly-Built Fully-Equipped Restaurant w/Drive-Thru Crystal Lake, IL – Corner Of Route 31 & James R Rakow Rd

In A 20,536 SqFt Out Parcel Of The Very Busy Crystal Lake Walmart Supercenter

Crystal Lake, IL

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Food Type: Any, Drive-Thru, Liquor License, Mexican/Tex-Mex

Service Type: Fast Casual

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $49,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $7,295

Lease Expiration: 03/2031

Lease Options: One 5-Year Option

Year Established: 2022

Owner Operated: Yes

Seller Financing: No

Summary:

Currently operating as a popular Mexican grill & bar offering delicious authentic Mexican cuisine including street tacos, burrito bowls, fajitas, quesadillas, nachos, loco fries, elote and more. Also, amazing horchata, margaritas, specialty cocktails and Mexican beers.

Perfect for a fast-casual or fast-food restaurant. Dine inside or out, carryout, pickup and convenient drive-thru. Plus, catering. Online ordering also available. Also, pre-approved for gaming!

Newly build-out. Boasts large expansive windows, tall ceilings, exposed ductwork, cool concrete floors, small bar, open kitchen, fenced in patio and more. Fully equipped with all new equipment. Kitchen features a 14ft hood, 6-burner stove w/oven, 2ft grill, 4ft flat-top, 2-basket deep fryer, 3-well steam table, 2-door refrigerated prep tables, walk-in cooler & freezer, ice machine, 3 station POS system and much more. Plus, the bar has a 3-door under-counter bottle cooler.

Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. Spent over $350,000 on the build-out with all high-quality materials!

Keep the current Mexican concept or bring your own to this A+ location!!

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.

Business Website: https://www.marioscart17.com

Competition:

Boasts incredible signage, visibility and access, plus ample parking. As well as high foot and vehicle counts.

Growth and Expansion:

Location, location location!!!

Location:

Prime corner retail space in a 20,536 sqft out parcel of the very busy Crystal Lake Walmart Supercenter. Along with 31 Nail Care, Crystal Tobacco & Vape, Dental Works, GameStop, Kumi Sushi, Nikos Ham & Beef, Sally Beauty, Verizon and Starbucks.

Perfectly situated at the corner of Route 31 and James R Rakow Rd, two major thoroughfares with high traffic counts. Across Whispering Hills Garden & Landscape Center, Pauly Toyota and Althoff Home Services.

Located in Crystal Lake, the largest city in McHenry County with a population of over 40,000. A modern-day city that still retains its small-town charm. An incredible place to visit, dine, shop, play, live and enjoy all of its amenities which also includes a lake, golf course, recreation area, parks and wonderful schools.

County: McHenry

Facilities:

Lease Information: Leased space $7,295/mth gross (also includes garbage). Current lease expires Mar 2031 with one 5-year option.

Square Feet: 1,962.

Seating: 55 Inside & 20 Outside.

Days/Hrs of Operation: Tu-Th 11a-8p, Fr-Sa 11a-9p, Su 11a-7p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $45,000).

Value of Inventory: 4,000 (Not Included In Asking Price).

Number of Employees: 10.

Support/Training: Open to discuss.

Seller Financing Available: No.

Reason for Selling: Family.

High-Volume Well-Established Pizzeria & Pub w/Property - Sales Over $1.5 Million & Growing!
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