Under Contract

Sports Bar & Grill Mundelein, IL – West Town Shoppes!

At The corner Of N Midlothian Rd & Route 176 (Maple Ave)

Mundelein, IL

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Food Type: Bar/Pub/Tavern/Lounge, Grill, Liquor License

Service Type: Fast Casual

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $99,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $3,500

Lease Expiration: 01/2025

Lease Options: One 5-Year Option

Year Established: 2023

Owner Operated: Yes

Seller Financing: Yes

Summary:

Currently offering a delicious menu of bar bites, savory shareables, fresh salads, tasty sandwiches & wraps, gourmet burgers, thin-crust pizzas, innovative dishes and decadent desserts. Along with signature cocktails and boozy shakes. Plus, happy hour and daily specials.

Bar with counter service. Serving lunch, dinner and weekend brunch. Dine-in, carryout and 3rd party delivery. Reservations and online ordering also available. Also, hosts events and live music. Plus, available for private events.

Recently renovated space features a large open area, high ceilings, exposed ductwork, expansive windows, several large screen tvs, ample seating and more. Also, a large kitchen with a 15ft hood, walk-in cooler and much more.

Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Name not included in the sale.

Exceptional opportunity to take over this large, renovated space with very reasonable rent. Keep a similar concept or make it your own! Also, the potential to add outdoor seating and gaming!!

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.eatluckybites.com

Competition:

Nicely renovated space and strip center.

Growth and Expansion:

Ideal location in the heart of Mundelein. A popular weekly go-to bar, grill and entertainment spot.

Location:

Prime retail space in West Town Shoppes, a newly renovated strip center perfectly situated at the intersection of N Midlothian Rd and Route 176, two major thoroughfares with high traffic counts. Boasts, great signage, visibility, access and parking.

Along with Quick Pick Liquors, Mundelein Nails and Tamales Diana. Across CVS, Jewel-Osco, Mundelein Community Bank and a Marathon Gas Station. Just two blocks from Mundelein High School and just down the street from Mundelein Park & Recreation District.

Also, surrounded by several other schools - Carmel Catholic High School, Libertyville High School, University of St Mary of the Lake and more. And surrounded by many golf courses - Countryside Golf Club, Ivanhoe Club, Pine Meadow Golf Club, Steeple Chase Golf Club and Village Green Golf Course. Plus, surrounded by a vast residential area!

Located in Mundelein, a vibrant community considered one of the best places to live in Illinois!

County: Lake

Facilities:

Lease Information: Leased space - cheap $3,500/mth gross (also includes utilities). Current lease expires Jan 2025 with one 5-year option.

Square Feet: 4,000.

Seating: 80 Inside.

Days/Hrs of Operation: Daily 10a-11p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price.

Value of Inventory: Not Included In Asking Price.

Number of Employees: 4.

Seller Financing Available: Yes, to a well-qualified buyer with a minimum of 50% down.

Reason for Selling: Personal health.

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