118 Buchanan St
Belvidere, IL 61008

Two Incredible Fast Casual Restaurants (Sushi & Italian/Pizzeria) Downtown Belvidere, IL - Properties Included! Outstanding opportunity to purchase two highly successful businesses and their impressive, renovated properties. The sushi restaurant offers tasty appetizers, fresh nigiri/sashimi, Japanese inspired sandwiches, innovative sushi rolls, specialty bento boxes & noodle bowls, handcrafted rice dishes, mochi ice cream and more. The Italian restaurant & pizzeria offers tasty starters, fresh salads, Italian inspired sandwiches, innovative mac & cheese, pasta, handmade stone-fired pizzas, scrumptious desserts and more. Simple operations - fast casual - counter service. Dine inside or out, carryout, pick-up, grab & go and delivery through GrubHub, plus catering options. Online ordering is also available. POS system is tied to both restaurants so customers can order food and drinks from either place - can order both sushi and Italian wherever you are sitting. Two incredibly finished restaurants - both inside and out! Eclectic finishes - rustic, yet modern. A spectacular mix of old and new. Expertly designed spaces!! No expenses spared!!! Exposed vintage wooden ceilings/trusses, brick/stone and concrete floors along with new shiplap & corrugated steel walls as well as integrated newer brick. In addition to exposed industrial ductwork, black framed windows, wonderful tilework, impeccable lighting, cool open shelving, gorgeous equipment & display cases, stylish furniture and much more. The sushi restaurant features a 16ft sushi bar and the Italian restaurant & pizzeria features a bar with 8 rotating craft beers on tap, in addition to bottle beer, wine and specialty cocktails - frozen or on the rocks. The amazing atrium that adjoins them is heated and has a retractable roof, so it can be enjoyed all year round. Also has the same look and feel of these two incredible restaurants! The build-outs boast all new equipment. Plus, all new electrical, plumbing and HVAC. The pizzeria also showcases an expensive state-of-the-art pizza oven. There is also a gorgeous private area upstairs (above Italian restaurant/pizzeria) that seats 40, great for parties, events and meetings. Plus, the atrium that seats 62 can also be rented out. Ample free street parking and municipal parking lots. Sushi restaurant established in 2017 (4 years) and pizzeria established in November of 2019 (2 years). Both have a full liquor license and are already approved for video gaming if you’d like to add! Absentee owned. Year Established: 2017 & Nov 2019 Location: Two prime retail spaces in the heart of downtown Belvidere. Near Route 20 east of Belvidere Park and north of Belvidere South Middle School and Belvidere High School. Close to lots of plants, manufacturers, businesses and offices in the area. Perfectly situated in Belvidere in north central Illinois about 75 miles northwest of downtown Chicago, 25 miles south of the Wisconsin border and about 12 miles east of Rockford, part of the Rockford metropolitan area. Property Information: Two masonry freestanding buildings built in 1930. Completely renovated and reimagined from 2017-2019. Adjoined by an amazing newly enclosed patio. Square Feet: 4,045 (Sushi Restaurant + Atrium + Italian Restaurant & Pizzeria) Seating: 214 (20 Sushi Restaurant + 62 Atrium + 92 Italian Restaurant & Pizzeria + 40 Private Upstairs Room) Days/Hrs of Operation: Su-We 4p-9p, Th 11a-9p, Fr-Sa 11a-10p Owners Role: Absentee owner. # Of Employees: 15 (For Both Places) Training: One week on-site comprehensive training. Combined Gross Sales (2020): $874,000 Net Operating Income: $149,581 Value of FF&E: Included In Asking Price (Valued At $100,000) Value of Inventory: $20,000 (Not Included In Asking Price) Seller Financing Available: No Reasons for Selling: Other business obligations - owns multiple businesses. Competition/Market: A wow! Two connected one-of-a-kind spaces. Two beautifully renovated nearly century-old historic buildings. Two outstanding sister restaurants. Two innovative spaces. Two exquisite ambiances. Two fantastic dining experiences. Two cool concepts. Two inspired names. Two creative signages. Two exceptional websites. Two extraordinary places to gather and enjoy! Connected by an all-season patio space with opening roof for al fresco dining. Can dine in, but out! - in their covered and heated outdoor patio. Shared POS system and employees - saves on labor and costs. Sushi Restaurant - Authentic Japanese food and beverage. Quality dishes. Everything fresh. Amazing sushi. Simply delicious. Best fried rice. Their sushi is hands down the best around. The best many have ever had. Scrumptious food. Beautiful presentation. Great selection. Superb combinations of ingredients. Hip atmosphere. Outstanding service. A real treat! Italian Restaurant & Pizzeria - Belvidere’s only stone-fire pizza. Their pizzas are made from the finest sourced ingredients such as Piancone, the only imported sauce from Italy and gooey Bacio Italian cheese. Amazing pizza. Delicious sauce. Crispy thin crust. Very good Italian food. Terrific craft beer selection. Amazing atmosphere. Excellent service. Growth & Expansion: A must go-to! Local gems. Area favorites. Hugely popular. Loved by many. Tons of regulars. Very highly rated and recommended, great reputation to continue to build upon. Combined gross sales of over $874,000 in 2020 during the pandemic! Belvidere’s first sushi bar. And Belvidere’s first two-story Italian restaurant. Two adjacent, artisan eateries - a highly successful and interesting combination. Awesome additions to Belvidere. Diners can now enjoy a taste of both Italy and Japan while strolling the streets of downtown Belvidere. Ten out of Boone County’s thirteen leading employers are located in Belvidere, creating immense amounts of opportunity. A growing community with a historic downtown business district that is being revitalized. Both of these restaurants have been welcomed with open arms downtown. Great things are happening in downtown Belvidere! Feel free to stop by the locations as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. Showings by appointment only. If interested, contact EatZ for more information. Listed By Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC