An Amazing Freestanding Building On A Busy Corner - A Coveted Location In The Heart Of Downtown
Kane County, IL
Asking Price: $250,000
Gross Sales: $931,746
Net Operating Income: $102,163
Monthly Rent: $7,200
Lease Expiration: 11/2020
Options: One 5-Year Option
Year Established: 1985
Owner Operated: Yes
Seller Financing: No
Food Type: Banquet Facility, Bar/Pub/Tavern, Catering Company, Italian
Service Type: Full Service
Business Type: Independent
Sale Type: Business For Sale

Description:

Quaint trattoria serving delicious traditional and updated Italian entrees, plus delectable desserts and classic drinks.

Full-service restaurant and bar. Dine-in, out, or carryout, plus catering. Open for lunch and dinner. Ideal place to enjoy a meal with family, friends or a date night, as well as host a rehearsal dinner, shower or anniversary party. Reservations accepted.

One-of-a-kind freestanding building (an historic house) with a gorgeous fenced in courtyard and patio. Separate carryout entrance. Welcoming bar area. Two unique dining spaces (both also great for private parties). Large expansive windows. Cozy fireplace. Charming atmosphere throughout. Incredible outdoor lighting at night.

Well established for over 35 years! Current owners for over 13 years!!

Family owned and operated. Keep the current concept or make it your own.

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: Kane
Location:

Premium retail space in an amazing freestanding building (historic house) on a prime corner.

Perfectly situated in the heart of an affluent sought-after far west suburb’s historic downtown shopping district. Surrounded by over 150 independent boutiques and specialty shops specializing in high-end fashions, exquisite jewels, antiques, original works of art, face & skin products, one-of-a-kind gifts, as well as coffee, tea, chocolate, gelato, ice cream, popcorn, baked goods, spices, olive oil, wine, local brewing and distilling.

A shopper’s paradise. Tons of foot and vehicle traffic. Also, a popular tourist destination. And lots of events throughout the year, just outside their doorstep. Ample street and city lot parking.

Real Estate: Leased
Facilities:

Leased space $7,200/mth gross (also includes garbage and water). Current lease expires in Nov 2020 with one 5-year option. Square Feet: 3,100. Seating: 126 . Days/Hrs of Operation: Tu-Su 11:30a-10p. Owners Role: Active in both front and back of house operations.

Number of Employees: 20
Support/Training: Two weeks on-site comprehensive training.
Value of FF&E: Included In Asking Price
Value of Inventory: $5,000 (Not Included In Asking Price)
Competition:

Wonderful authentic Italian eating. Casual dining in a unique atmosphere. Known for their great food, great drinks, great service and great dining experience.

Location, location, location! A real gem. Highly coveted location in the heart of the historic downtown shopping district of this affluent sought-after far west suburb. Offering one of the best shopping and dining experiences in the area. One of the best patio dining places downtown! On restaurant row. Nestled in the towns highly desirable downtown retail corridor. Walking distance to everything.

Growth and Expansion:

A downtown favorite spot - popular with both locals and visitors alike. Loved by many. Generations of regulars. “A must stop” to eat downtown. The “go-to” place on the corner. Highly rated and recommended, great reputation to build upon.

Seller Financing Available: No
Reason For Selling: Moving to Florida.