Local Favorite Bar - Great Neighborhood Establishment - Tons Of Regulars
Chicago, IL
Asking Price: $99,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $4,500
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 2003
Owner Operated: No
Seller Financing: No
Food Type: American, Bar/Pub/Tavern/Lounge
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale

Description:

A popular local neighborhood Irish-American sports bar.

Featuring a full bar with 4 draft handles and 20 bar stools along with high top tables with an additional 15 seats. Also, large screens tvs and projection tv to watch all the games, ATM, juke box, Golden Tee game, pool table and steel dart boards - hosts dart board leagues!

Also, a fully equipped kitchen (currently not in use) includes 9ft hood, single-deck pizza oven, 4-burner stove w/oven, 3ft char grill, 2 deep fryers, 2-door sandwich unit, mixer, coolers, freezers, 2 walk-in coolers, ice machine and more. Plus, a POS system and security system.

Warm and welcoming casual interior. Newly exposed ceilings, inviting fireplace and smooth concrete floors.

Recently remodeled which included new equipment, new bathrooms, new plumbing, new walk-in cooler outside, new AC unit, new roof and more. Possible to add an outdoor patio!

Well established for over 17 years! Absentee owned, current owner also owns the building.

Asking price includes all furniture, fixtures & equipment, name and hard to get tavern license (not required to serve food!).

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: Cook
Location:

Prime retail space in a freestanding building with parking for 16 on a major east-west corridor lined with businesses and surrounded by many homes. Plus, over 30,000 vehicles a day!

Perfectly situated in a nice northwest side neighborhood of Chicago!

Real Estate: Owned
Facilities:

Lease Information: Leased space $4,500/mth gross (includes RET). Current owner/landlord will give a 5-year lease with options. Square Feet: 2,476. Seating: 35 (20 Bar Stools + 15 High Top Seats). Days/Hrs of Operation: Open Daily 12n-1a. Owners Role: Absentee owner.

Number of Employees: 8 Part-Time
Support/Training: Three days on-site comprehensive training.
Value of FF&E: Included In Asking Price (Valued at $75,000)
Value of Inventory: $10,000 (Not Included In Asking Price)
Competition:

A genuine Irish Chicago bar. Excellent beer and liquor selection. Offering the finest selection of microbrews and imports, as well as the finest selections of hard-to-find whiskeys in the area. The best and most popular selections available!

Comfortable relaxed atmosphere. Wonderful bartenders. Perfect place to hang out with family and friends or to celebrate a special event. Something for everyone. Also sponsors a variety of sports leagues: golf, bowling, pool and darts. Track record of hosting the top players in the Chicago area!

Growth and Expansion:

Local favorite bar. Friendly northwest side pub. Great neighborhood establishment. Part of the community. Fun spot. Popular gathering place. The “let's get together at” bar. Tons of regulars. Where everyone knows your name. Has the oldest liquor license in the area. Highly rated and recommended, great reputation to continue to build upon!

Seller Financing Available: No
Reason For Selling: Other interests.