A+ Location In The Heart Of Downtown Near The Metra Train Station
Winfield, IL
Asking Price: $449,000
Gross Sales: $1,551,090
Net Operating Income: $163,055
Monthly Rent: $10,543
Lease Expiration: 2022
Options: One 5-Year Option
Year Established: 2007
Owner Operated: Yes
Seller Financing: Yes
Food Type: American, Bar/Pub/Tavern, Italian, Pizza Place
Service Type: Full Service
Business Type: Independent
Sale Type: Business For Sale

Description:

Favorite local Italian eatery and sports bar. Serving delicious starters, soups, salads, sandwiches, burgers, wraps, paninis, pizza, pasta, entrees and desserts.

Full service - dine in, plus huge carryout business along with delivery and catering.

Spacious dining area. Separate full bar with 8 beers on tap and additional seating. Plus, a welcoming fenced in patio. And a carry-out area. Also, dart boards and jukebox. As well as a lottery and ATM machine on premises - $11,000 in lottery to owner in 2019.

Cool interior boasts high ceilings, exposed ductwork, large expansive windows, lots of tvs to watch all the games, comfortable seating and more!

Well established at this location for over 13 years and in town for over 33 years! Family owned and operated with a general manager and 3 other managers in place.

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 employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: DuPage
Location:

Prime corner retail space in the heart of the downtown of this affluent western suburb near the Metra train station. Ample street and lot parking. Lots of vehicle and foot traffic. And about the 160 luxury apartments currently being built across the railroad tracks!

Real Estate: Leased
Facilities:

Leased space $10,543/mth gross (also includes water). Current lease expires Dec 2021 with one 5-year option. Square Feet: 3,965.
Seating: 120 Inside + 40 Outside. Days/Hrs of Operation: Daily 11a-2a. Owners Role: Supervisory.

Number of Employees: 40
Support/Training: Negotiable number of weeks of on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $15,000 (Not Included In Asking Price)
Competition:

The best around. Amazing pizza. Lots of options. Perfect spot to grab a bite, a drink and watch a game with coworkers, friends and family or host an event/party. Ideal place to go for lunch, dinner and late night, as well as pickup and delivery for the home or office. An outstanding operation. Well known for their great food, friendly service and fun casual atmosphere!

Growth and Expansion:

Local favorite. Neighborhood stop. Lots of regulars from near and far. Loved by many. THE “go-to” place. Staple in the area. Deep roots in the community. Highly rated and recommended, great reputation to continue to build upon. City is also in the process of approving gaming!

Seller Financing Available: Yes, to a well-qualified buyer with 50% down.
Reason For Selling: Relocating out of state.