Keep The Current Concept Or Make It Your Own At This Incredible Location!
DeKalb, IL
Asking Price: $59,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $3,000
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established: 1955
Owner Operated: Yes
Seller Financing: No
Food Type: Bistro
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale

Description:

Currently offering homemade one-of-a-kind comfort food. Featuring old-fashioned favorites and trendy new creations.

Full-service restaurant. Serving breakfast, lunch and dinner daily, plus brunch on the weekends. Also, boxed lunches, meals to go and catering.

Warm and welcoming interior. Beautiful woodwork and exposed brick. Ample seating for 100 inside, plus inviting fenced-in patio out front.

Large commercial kitchen with well-maintained equipment. Featuring a 18ft exhaust hood w/Ansul system, two 6-burner stoves w/ovens, 6ft flat top grill w/2 ovens, char broiler w/oven, 1 Pitco fryer, two 3-well electric steam tables, 2-dr & 3-dr sandwich units, Hobart mixer, single-dr reach-in refrigerator, 2-dr reach-in True refrigerator and much more. Plus, basement for storage.

Family owned and operated. Asset sale - no financials. Fully equipped and turnkey. Full liquor license (can add gaming).

Well established restaurant for over 65 years, current owners for over 31 years. Keep the current concept or make it your own! Located in a TIF district of DeKalb where there are many city incentives for the new owner to re-concept and build-out/improve the location.

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: DeKalb
Location:

Prime retail space in a one-story freestanding building of this amazing historic suburban downtown along with many other popular shops, restaurants and pubs. Adjacent an iconic theater, which was just expanded.

Perfectly situated in the central downtown main street district of its revitalized downtown near many new mixed-use developments. Lots of foot and vehicle traffic. Ample and easy street parking. Surrounded by a major university with over 25,000 students!

Real Estate: Leased
Facilities:

Leased space $3,000/mth gross. Landlord will sign a new 3 or 5-year lease with options. Square Feet: 2,600. Seating: 100. Days/Hrs of Operation: We 11a-3p, 4p–9p, Th 11a–9p, Fr 11a–10p, Sa 8:30a-10p, Su 8:30a–8p, Tu 11a–3p, 4–8p (Closed Mondays). Owners Role: Owner operated (managerial). Value of FF&E: Included In Asking Price.

Number of Employees: 10
Support/Training: Negotiable on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $5,000 (Not Included In Asking)
Competition:

Fine ingredients. Real home cooking. Homemade favorites along with new innovations. Plus, delicious seasonal dishes. And award-winning desserts. Best sit-down restaurant downtown. Known for their fabulous food and service. Ideal place for a meal with family, friends or a date. All in this incredible charming historic building with a rich history. Featured in a Hollywood movie!

Growth and Expansion:

The most well-established restaurant in Northern Illinois! Legendary long-standing restaurant. Local gem. Favorite destination for both locals and visitors alike. A top stop. Staple in the community. Loyal customer base. A must try in the DeKalb area. Great reputation to continue to build upon!

Seller Financing Available: No
Reason For Selling: Retiring.