Newly Built-Out Restaurant Geneva, IL – In The Heart Of Its Historic Downtown Shopping & Dining District!
On 3rd St - The Main Street Of Geneva’s Highly Desirable Retail Corridor - Over $450,000 Spent On Its Build-Out
![Screenshot](https://eatz-associates.com/wp-content/uploads/2024/06/Pho-Xich-Lo-Vietnamese-Geneva-IL-Outside-scaled.jpg)
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Summary:
Currently operating as a Vietnamese restaurant.
Simple operation - counter service. Dine-in, carryout or pickup.
Newly built out in 2021 and opened in 2022. Spent over $450,000 on its build out!
Exterior features great signage, an expansive window and its own entrance. And its beautiful interior features gorgeous tile floors, stylish seating at both booths/tables, a stunning counter, exquisite lighting and more.
Plus, an incredible stainless-steel partially open kitchen featuring a 12ft hood, 6-burner stove w/oven, 2-burner wok, deep fryer, pressure cooker, rice cooker, meat slicer, two 2-door sandwich prep coolers, 2-door prep table w/fridge, 2-door table top fridge, walk-in cooler and 2 upright freezers, as well as a toaster oven, single-door sandwich prep cooler, single-door glass beverage cooler, espresso machine, bar blender, beer cooler, touch screen POS system, phone system and more.
Established over 2 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. Family owned and operated.
Bring your concept to this ideal location! Can be changed to any restaurant concept!! Perfect for any type of QSR - quick service restaurant!!!
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:
Impressive build-out. Highly coveted restaurant site nestled in the heart of Geneva’s historic downtown shopping and dining district. Boasts incredible visibility and access. Walking distance to everything!
Growth and Expansion:
A+ location. A hot spot on its main street. Location, location, location!!!
Location:
Prime retail space on 3rd St, the main street of Geneva’s highly desirable retail corridor in its historic downtown.
Surrounded by over 160 independent boutiques, specialty shops and restaurants. One-of-a-kind shops that specializing in high-end fashions, exquisite jewels, antiques, original works of art, face & skin products, one-of-a-kind gifts, as well as coffee, tea, chocolate, gelato, ice cream, popcorn, baked goods, spices, olive oil, wine, local brewing and distilling. Along with many other local businesses. And just steps from its Metra station.
Perfectly situated in the heart of this affluent sought-after far west suburb’s historic downtown with one of the best shopping and dining experiences in the area. Tons of foot and vehicle traffic. Also, a popular tourist destination. And lots of events throughout the year. Plus, ample street and city lot parking.
County: Kane
Facilities:
Lease Information: Leased space $9,135/mth gross (also includes all utilities). Current lease expires Jan 2031. Landlord is open to signing a new lease or assigning the current lease with options to a new tenant.
Square Feet: 3,190.
Seating: 70.
Days/Hrs of Operation: We-Mo 11a-8:30p (Closed Tuesdays).
Real Estate: Leased.
Value of FF&E: Included In Asking Price (Valued at $250,000).
Value of Inventory: $3,000 (Not Included In Asking Price).
Number of Employees: 4 Full-Time & 2 Part-Time.
Support/Training: Two weeks on-site comprehensive training.
Seller Financing Available: No.
Reason for Selling: Retiring.