On Its Main Street Which Is Also A Major Thoroughfare With High Traffic Counts
Genoa, IL
Asking Price: $25,000
Gross Sales: $(Space For Lease)
Net Operating Income: $(Space For Lease)
Monthly Rent: $4,500
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 1992
Owner Operated: No
Seller Financing: No
Food Type: American, Any, BBQ Place, Beef/Burgers/Gyros/Hot Dog Joint, Breakfast & Lunch/Brunch, Burgers, Cafe, German, Greek/Mediterranean, Grill, Italian, Mexican/Tex-Mex, Pizza Place, Sandwich Shop, Wings Place
Service Type: Fast Casual
Business Type: Independent
Sale Type: Space For Lease

Description:

Incredible opportunity to lease a fully-equipped newly-renovated restaurant space!

Nicely appointed interior with newer floors, rustic wood wainscotting, expansive windows, exposed ductwork, painted tin ceilings and striking furniture. Several refrigerated beverage coolers. Spacious eating area seats 110, plus additional seating for 40 on its beautiful fenced-in patio and another 24 out front under the awning. 6 flat screen tvs throughout to watch all the games. And a private area where you can add video gaming. Also, a clean and modern fully-equipped kitchen featuring two large hoods, full kitchen line, 6-shelf rotating pizza oven, two walk-in coolers, Toast 3-station POS system and much more. Also, additional storage in the basement.

$25,000 key money for equipment, plus 1st month rent and security deposit due at lease
signing. Looking for an experienced restaurant operator!

Feel free to stop by the location first. This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only.

County: DeKalb
Location:

Prime corner retail space in a fantastic freestanding building on the main street running through bustling downtown Genoa along with many other sought-after businesses. Also, a major thoroughfare with high traffic counts. Ample street and lot parking. Plus, surrounded by many homes!

Perfectly situated in Genoa, a wonderful community in DeKalb County. An award-winning city with the benefits of both an urban and rural community. Ideal for families with its many community events, parks and activities. Boasts an excellent school system and a thriving downtown.

Located within 20 minutes of I-90, I-39 and I-88, all of which allow access to the urban areas of Chicago, Rockford and Madison. Also, just 20 minutes from Northern University - Illinois’ 2nd largest public university!

Real Estate: Leased
Facilities:

Lease Information: Leased space $4,500/mth gross. Tenant pays all utilities. Landlord will give a new 5-year lease with options. Square Feet: 4,000. Seating: 110 Inside & 64 Outside. Days/Hrs of Operation: Currently Closed.

Value of FF&E: Included In Asking Price (Valued at $100,000).
Value of Inventory: Not Included In Asking Price.
Competition:

Outstanding single tenant location. Exceptional spot in downtown Genoa!

Growth and Expansion:

Established pizzeria/fast food location for over 30 years. Time to get in is now, the landlord has recently done a full and extensive renovation of the entire building!

Seller Financing Available: No.
Reason For Selling: Space available.